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.
Brainerd is a city in Crow Wing County, Minnesota, United States. The population was 13,178 at the 2000 census. It is the county seat of Crow Wing County and one of the largest cities in Central Minnesota. Brainerd straddles the Mississippi River several miles upstream from the confluence with the Crow Wing River, having been founded as a site for a railroad crossing above that confluence. Brainerd is the principal city of the Brainerd Micropolitan Statistical Area, a micropolitan area that covers Cass and Crow Wing counties and had a combined population of 82,249 at the 2000 census. The Brainerd area serves as a major tourist destination for Minnesota, and Baxter is a regional retail center. Brainerd is the home to one of five medivac helicopter flight stations in the state for AirCare, operated by North Memorial Medical Center in Robbinsdale, MN, a Level 1 Trauma Center located in the Minneapolis/St. Paul area. This station covers the central part of Minnesota. The city is also known for the Brainerd International Raceway.