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.
Pinconning is a city in Bay County in the U.S. state of Michigan. The population was 1,386 at the 2000 census. It is included in the Bay City, Michigan Metropolitan Statistical Area. The city is locally noted for production of cheese products, especially Pinconning cheese. M-13 passes directly through Pinconning, and I-75 is only three miles from the heart of the city. Pinconning Area Schools has one high school (Pinconning Area High School), a middle school that shares a building with the high school, and three elementary schools. The school district covers a large portion of northern Bay County, including Pinconning, Linwood, Garfield, Mt. Forest, and Bentley, and part of eastern Gladwin County, including Estey and Rhodes. The Pinconning Spartans high school softball team won state championships in 1989, 1993, and 2000. The volleyball team won a state championship in 1992. The Pinconning Boys Varsity Bowling Team won the State Championship in 2008, with Chad Skinner qualifying second individually while leading Pinconning to a regional title. A weekly newspaper, The Pinconning Journal, is published, and can be mailed around the country.