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.
Grayling is a city in the U.S. state of Michigan and the county seat of Crawford County. The population was 1,952 at the 2000 census. Grayling takes its name from the Grayling fish that was once prevalent in its lakes and streams. Grayling is situated within Grayling Township, though it is politically independent. It is located in the middle of Northern Michigan. The highways make it the natural 'gateway' to much of "up north," as locals and many visitors would call it.