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.
Urbana is a city in and the county seat of Champaign County, Ohio, United States, 47 miles (76 km) west of Columbus. Urbana was laid out in 1805, and for a time in 1812 was the headquarters of the Northwestern army. Urbana was named after a town in Virginia. It is the burial-place of the Indian fighter Simon Kenton. In 1900, 6,808 people lived in Urbana; in 1910, 7,739; and in 1940, 8,335. The population was 11,613 at the 2000 census. It is the home of Urbana University.