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.
Vermilion is a city in Erie and Lorain counties in Ohio, U.S. The population was 10,927 at the 2000 census. The current mayor is Eileen Bulan. The Lorain County portion of Vermilion is part of the Cleveland–Elyria–Mentor Metropolitan Statistical Area, while the Erie County portion is part of the Sandusky Metropolitan Statistical Area. The nickname of Vermilion High School sports teams is the "Sailors", and many prominent sailboat racers of the Great Lakes have lived here. The area is noted for its many orchards, wineries, and roadside fruit and vegetable stands.