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.
Sauk Centre is a city in Stearns County, Minnesota, United States. The population was 3,930 at the 2000 census. It is the birthplace of Sinclair Lewis, a novelist and winner of the Nobel Prize in Literature, and Sauk Centre served as the inspiration for Gopher Prairie, the fictional setting of Lewis's 1920 novel Main Street. Sauk Centre is part of the St. Cloud Metropolitan Statistical Area.