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.
East Grand Forks is a city in Polk County, Minnesota in the United States. Its population was estimated at 7,812 in July 2008 making East Grand Forks the largest community in Polk County. It is located in the Red River Valley region along the eastern bank of the Red River of the North, directly across from the larger city of Grand Forks, North Dakota. The twin cities of Grand Forks and East Grand Forks form the center of the Grand Forks, ND-MN Metropolitan Statistical Area, which is often called Greater Grand Forks. The metropolitan area had an estimated population of 97,279 in July 2008.