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 Lyon is a city in Oakland County in the U.S. state of Michigan. The population was 10,036 at the 2000 census. The city is part of the South Lyon-Howell-Brighton Urban Area, which had a population of 106,139 according to the 2000 census. South Lyon is located in the far southwest corner of Oakland County and shares a border with both Livingston and Washtenaw Counties.