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.
Cass Lake is a city in Cass County, Minnesota, United States, within the reservation boundaries of the Leech Lake Band of the Ojibwe nation. The population was 860 at the 2000 census. The city is a Superfund site, due to toxic waste from the St. Regis Paper Company. The previous mayor, Elaine Fleming, is the first Native American to hold that position. Cass Lake is part of the Brainerd Micropolitan Statistical Area. Cass Lake is entirely within the borders of Pike Bay Township but is a separate entity from the township.