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.
Livonia is a city in the northwest part of Wayne County in the U.S. state of Michigan. Livonia is a very large suburb with an array of traditional neighborhoods connected to the metropolitan area by freeways. The population was 100,545 at the 2000 census. The 2008 Census Bureau Estimate places the population at 91,220, making it the ninth largest city in Michigan. The municipality is a part of the Detroit metropolitan area, and located approximately 13 miles (21 km) northwest from downtown Detroit, and two miles (3 km) from the western city limits of Detroit (Redford Township lies in between the two).