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.
South Haven is a city in the U.S. state of Michigan. Most of the city is in Van Buren County, although a small portion extends into Allegan County. The population was 5,021 at the 2000 census. Because of its position on Lake Michigan, at the mouth of the Black River, South Haven has always been a port city. During settlement, major ship lines stopped there, both passenger and freight. In the early 1900s South Haven became a resort town, sometimes referred to as "The Catskills of the Midwest. " Though small ones remain, the large resorts are now gone, as are the shipping lines. South Haven is still a major regional tourist draw because of its recreational harbor and beaches. It is the western terminus of the Kal-Haven Trail, popular with bicyclists and snowmobilers. Nearby are Van Buren State Park and the Van Buren Trail State Park. Noted botanist Liberty Hyde Bailey was born in South Haven. His childhood home was presented to the city in the 1930s, and is now a museum.