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.
Aldrich is a city in Wadena County, Minnesota, United States, along the Partridge River. The population was 53 at the 2000 census. The small community holds the distinction as the first permanent settlement in Wadena County and the first to establish a post office. It is also home to the first Catholic church in the area, established in 1870, as a mission church.