In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Ironwood is a city in Gogebic County in the U.S. state of Michigan, about 18 miles (29 km) south of Lake Superior. The population was 6,293 at the 2000 census. The city is on US 2 and is situated opposite the Montreal River from Hurley, Wisconsin. It is the westernmost city in Michigan, situated on the same line of longitude (90.2 degrees West) as St. Louis, Missouri. While originally an iron mining town, the area is now known for its downhill skiing resorts, including Big Powderhorn, Blackjack, Indianhead, Mount Zion and Whitecap as well as its cross country skiing at the Wolverine Nordic Trail System and Active Backwoods Retreats (ABR) Trails. Ironwood is home of the "World's Tallest Indian" : a 52 ft (15.8 m) fiberglass statue of tribal leader Hiawatha. The city is at the south end of Ironwood Township, but is administratively autonomous.