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.
Palmer is an unincorporated community in Richmond Township, Marquette County in the U.S. state of Michigan. It is a census-designated place (CDP) for statistical purposes and has no legal status as an incorporated municipality. The CDP population was 449 at the 2000 census. The Palmer ZIP code is 49871, and the area served by the ZIP code is slightly larger than that of the CDP. is