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.
Kensington is a city in Douglas County, Minnesota, United States. The population was 286 at the 2000 census. The city is notable in Minnesota history for being the place where the famous, if questionable, Kensington Runestone was first displayed. The stone tablet may indicate that Scandinavians had come to Minnesota in the 14th century. It is now at a museum in nearby Alexandria, Minnesota.