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.
Chanhassen is a city in Carver and Hennepin counties in the U.S. state of Minnesota. The population was 20,321 at the 2000 census, with a 2006 estimated population of 23,520. The origin of the name comes from the Dakota word chanhasen meaning "sugar-maple tree" (chan, tree; haza, a tree with sap). The northern metro area Hassan Township carries the latter syllable of the word to avoid confusion. Chanhassen was ranked as the #2 best place to live in America in 2009 by Money Magazine.