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.
Michigan Center is an unincorporated community in Leoni Township of Jackson County in the U.S. state of Michigan. It is also a census-designated place (CDP) for statistical purposes and without legal status as an incorporated municipality. The population was 4,641 at the 2000 census. Michigan Center was platted as "Michigan Centre" in 1837 by Abel Fitch and Paul Ring, although there were settlements in the area from at least 1834. The name was presumably derived from the proximity to the Michigan Meridian which divided the state into eastern and western portions for surveying. The community is not close to any sort of geographical center of the state. Fitch became the first postmaster in 1838. Michigan Center began developing as a mill town on a tributary of the Grand River. There was a station on Michigan Central Railroad. However, nearby Jackson rapidly outpaced Michigan Center, which has since become a bedroom community to the city of Jackson.