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.
Richmond is a city on the border between Macomb and St. Clair counties in the U.S. state of Michigan. The population was 4,897 at the 2000 census. The 2008 Census Bureau Estimate places the population at 5,606. Most of the city is located in Macomb County, though there is a small portion in St. Clair County. The city is adjacent to Richmond Township and Lenox Township in Macomb County, although it is administratively autonomous. It is also adjacent to St. Clair County's Columbus Township and Casco Township.