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.
Craig is a village in Burt County, Nebraska, United States. The population was 241 at the 2000 census. The village was established as a water-station on the Chicago, St. Paul, Minneapolis & Omaha Railway and named for early settler William Stewart Craig, who in the early 1880s donated the land on which the town was built.