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.
Ishpeming is a city in Marquette County in the Upper Peninsula of the U.S. state of Michigan. The population was 6,686 at the 2000 census. This is down from a higher population in the 1950s and 1960s when the economically supportive iron ore mines had a much higher employment level. Ishpeming Township is located to the northwest of the city but is administratively autonomous. Ishpeming is considered the birthplace of organized skiing in the United States and is the home to the National Ski Hall of Fame. The name Ishpeming comes from the Anishinaabe language ishpiming, meaning "on top" or "from above" or "upon high. " Ishpeming, in the Ojibwa dialect of the Anishinaabe language, also means "Heaven". A statue of a Native American figure has stood in the small town square since 1884 and is referred to as "Old Ish".