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.
Wixom is a city in Oakland County in the U.S. state of Michigan. The population was 13,263 at the 2000 census. The city was home to the former Wixom Assembly Plant, which produced the Lincoln LS, the Ford Thunderbird, the Ford GT, and the Lincoln Town Car. The plant closed its doors on May 31, 2007. Wixom is home to several production and manufacturing businesses, including Trijicon, a leading manufacturer of night gun sights and night telescopic sights; Discraft, a leading manufacturer of flying discs for disc sports games like Ultimate; the U.S. headquarters of spark plug manufacturer NGK, and MAC Valves, Inc. , a manufacturer of pneumatic valves used in the automotive and packaging industries.