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.
Grand Rapids is a city in Itasca County, Minnesota, United States. The population was 7,764 at the 2000 census. It is the county seat of Itasca County. The city of Grand Rapids is named for the 3.5 mile long local rapids in the Mississippi river, which was the uppermost limit of practical steamboat travel during the late 1800s. Today, those rapids are hidden underneath the dam of the Blandin Paper Mill.