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.
Litchfield is a city in and the county seat of Meeker County, Minnesota, United States. The population was 6,562 at the 2000 census. Litchfield is among the largest of a series of "whistle stop" towns built along a railway extending west from Minneapolis in the nineteenth century. U.S. Route 12 follows the rail route, which is still active.