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.
Leland is an unincorporated community in the U.S. state of Michigan. It was the county seat of Leelanau County from 1883 to 2008, when a new government center was completed in Suttons Bay Township, closer to the county's geographic center. Leland is located in Leland Township, which provides local government services. It is on M-22 at the mouth of the Leland River (also known as the Carp River) on Lake Michigan. Leland is the departure point for ferry service to both North and South Manitou Islands. The Sleeping Bear Dunes National Lakeshore is nearby and Traverse City is about 25 miles to the southeast.