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.
Elmore is a city in Faribault County, Minnesota, United States. The population was 735 at the 2000 census. Elmore was the boyhood home of former vice president and presidential candidate Walter F. Mondale. The city motto at one time was "Not a Bad Border Town. " The motto was changed to the current "A Great Border Town".