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.
Belmond is a city in Wright County, Iowa, United States. It is located along U.S. Highway 69, 14 miles by road from Clarion, the county seat. The population was 2,560 at the 2000 census. On October 14, 1966, an F5 tornado ripped apart the community, destroying or damaging about 600 homes and 75 businesses. Six people were killed and large swaths of the town were left in ruins.