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.
Pelkie is an unincorporated community in Baraga County in the U.S. state of Michigan. The community is on the Sturgeon River in the northeast part of Baraga Township at 46°48′48″N 88°38′11″W / 46.81333°N 88.63639°W / 46.81333; -88.63639. Pelkie was settled by French Canadian woodsmen in about 1885, and was first known as "King's Landing" and was renamed Pelkie after an early settler. Finns who settled there initially called the place Kyrö, after the place they came from in Finland. The name became Kuro after a railroad was built through the area. The precise name of the early settler is unknown. Because many Finns settled in the area, the Finnish name Pelkinen has been suggested as the original. However, the name may also have been derived from a former French-Canadian settler. It was a station on the Michigan Central Railroad, and a post office was established on April 30, 1903. The Pelkie ZIP code 49958 serves areas in the north and northwest of Baraga Township in Baraga County, as well as an area of northeast Laird Township, southwest Elm River Township, and southern Portage Township in Houghton County.