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.
Rochester is a city in Oakland County in the U.S. state of Michigan on the northern outskirts of metro Detroit. The population was 10,467 at the 2000 census. The 2008 census estimate places the population at 11,002. The City of Rochester is bordered on the north, south, and west by the City of Rochester Hills, and to the east by Shelby Township in Macomb County. Rochester has great natural beauty due to the three waterways that surround the city, abundant green space of three parks, and two winding nature trails. Residents can enjoy fishing in the Clinton River or biking along the Paint Creek Trail. "Rochester", or the "Rochester Area", are often used to describe Rochester, Oakland Township, and Rochester Hills. Those living in the much larger surrounding area of Rochester Hills and Oakland Charter Township often refer to themselves as living in Rochester. Very few residents describe themselves as living in Rochester Hills or Oakland Township. Both cities and township use Rochester as a mailing address, and are served mostly by Rochester Community Schools. The Rochester area also incorporates the small villages of Stoney Creek and Goodison.