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.
Thief River Falls, also called Thief River or TRF, is a city in Pennington County, Minnesota, United States. The population was 8,410 at the 2000 census. It is the county seat of Pennington County. U.S. Route 59 and Minnesota State Highways 1 and 32 are three of the main arterial routes in the city. The town is the home of snowmobile manufacturer Arctic Cat. South of Thief River Falls is one of the area's few Native American casinos, 7 Clans Casino, which also contains a hotel and indoor water park. Thief River Falls is home to the electronic parts distributor Digi-Key, one of the largest employers in the area, and was the birthplace of the vaunted Steiger Tractor, produced from 1958 to the late 1980s.