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.
Willow Island (also Willow) is an unincorporated community in western Dawson County, Nebraska, United States. It lies near Interstate 80 along U.S. Route 30, between the cities of Cozad and Gothenburg. The city of Lexington, the county seat of Dawson County, lies southeast of Willow Island. Its elevation is 2,526 feet (770 m). Because the community had two different names, the Board on Geographic Names ruled in 1902 that the community's official name was "Willow Island. " Although Willow Island is unincorporated, it has a post office, with the ZIP code of 69171.