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.
Appleton is a city in Swift County, Minnesota, United States. The population was 2,871 at the 2000 census. The town is home to a medium-security prison, the Prairie Correctional Facility, which is wholly owned and operated by Corrections Corporation of America. Elmer A. Benson, who served as a United States Senator and as Governor of Minnesota, was born in Appleton on 23 Sept. 1895. Notably, Appleton is also home to many retirees and military veterans. Appleton has named all of its twenty-some streets, except Minnesota Street, for local veterans who died in combat.