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.
Mountain Lake is a city in Cottonwood County, Minnesota, United States. The population was 2,082 at the 2000 census. Mountain Lake was initially comprised mostly of the 1,800 Russian Mennonites who settled there between 1873 and 1880. The city has gradually become more diverse, with the most recent immigrant groups being Lao, Hispanic, and Hmong people.