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.
Carlton is a city in Carlton County, Minnesota, United States. The population was 810 at the 2000 census. It is the county seat of Carlton County. Minnesota State Highways 45 and 210; and County Roads 1 and 3 are four of the main routes in the community. The Thomson Reservoir and Dam, and Jay Cooke State Park are nearby; and the Willard Munger Bicycle Trail runs through the city.