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.
Browns Valley is a city in Traverse County, Minnesota, United States, adjacent to the South Dakota border. The population was 690 at the 2000 census. Browns Valley lies along the Little Minnesota River between the northern end of Big Stone Lake and the southern end of Lake Traverse, which is separated from the Little Minnesota River by a low and narrow continental divide that skirts the northern edge of town. The city, both lakes, and the river lie in the Traverse Gap, the bed of ancient Glacial River Warren, the outlet to Glacial Lake Agassiz which, when drained, became the valley of the Red River of the North.