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.
Rogers City is a city in the U.S. state of Michigan. As of the 2000 census, the city population was 3,322. It is the county seat of Presque Isle County. The city is adjacent to Rogers Township, but is politically independent. Rogers City is located on Lake Huron and is home to two salmon fishing tournaments. The world's largest open pit limestone quarry, the Port of Calcite, is located within the city limits and is one of the largest shipping ports on the Great Lakes. The freighter, SS Carl D. Bradley, home port at Rogers City, sank in Lake Michigan on November 18, 1958. There were two survivors and the loss of 33 lives. 26 of them from Rogers City and others from nearby towns. 50th anniversary memorial activities are planned.