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Mergers And Acquisitions Law Lawyers In Eveleth Minnesota

Eveleth is a city in St. Louis County, Minnesota, USA. The population was 3,865 at the 2000 census. U.S. Highway 53 and State Highway 37 are two of the main arterial routes in the city. The city briefly entered the news in 2002 when U.S. Senator Paul Wellstone along with seven others died in a plane crash 2 miles away from the airport of Eveleth. It was also the site of the conflict that resulted in the court case Jenson v. Eveleth Taconite Co. , and the film North Country, which was based on it. It is home of the United States Hockey Hall of Fame. Eveleth is part of the Quad Cities of Virginia, Gilbert, and Mountain Iron.

What is mergers and acquisitions law?

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.