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Mergers And Acquisitions Law Lawyers In Hibbing Minnesota

Hibbing is a city in St. Louis County, Minnesota, USA. The population was 17,071 at the 2000 census. The city was built on the rich iron ore of the Mesabi Iron Range. In earlier times, this area was called "meebeega", which roughly is translated to Chippewa as "hard earth or ground". At the edge of town is the largest open-pit iron mine in the world. U.S. Highway 169, State Highway 37, and State Highway 73 are three of the main arterial routes in the city.

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.