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.
New Market was a city in Scott County, Minnesota, United States. The population was 332 at the 2000 census. In January 2007, New Market merged with Elko to become Elko New Market As of 2006 New Market has had a public school, Eagle View Elementary School which is ran through New Prague Schools and teaches Preschool - 5th.