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.
Sandstone is a city in Pine County, Minnesota, United States, along the Kettle River. The population was 1,549 at the 2000 census. Interstate 35 and Minnesota State Highways 18 and 23 are three of the main arterial routes in the community. Banning State Park is nearby.