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.
Cresco is a city in Howard County, Iowa, United States. The population was 3,905 at the 2000 census. It is the county seat of Howard County. Cresco is home to one of the largest school districts in Iowa in terms of square miles, the Howard-Winneshiek Community School District. The high school is called Crestwood High School. Crestwood Elementary/Junior High School are also in Cresco. Notre Dame Catholic School offers private education to elementary school students. Although Cresco is no longer on a railroad line, it is home to a restored Milwaukee Road FP7 diesel engine which is known as the Heritage Train and displayed in a park (Beadle Park) at the center of the city on Highway 9. A newspaper in the city is the weekly Cresco Times Plain Dealer, published on Wednesdays.