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.
Virginia is a city in St. Louis County, Minnesota, USA, on the Mesabi Iron Range. The area was originally named "qeechaquepagem" by the Ojibwe tribe, which roughly means "lake of the North birds". The population was 9,157 at the 2000 census. According to a water tower in the middle of town, the city's nickname is the "Queen City", or "Queen City of the North". U.S. Highway 53, U.S. Highway 169, and State Highway 135 are three of the main arterial routes in the city. Virginia is part of the Quad Cities of Eveleth, Gilbert, and Mountain Iron. The nearby town of Eveleth is the location of the United States Hockey Hall of Fame (not to be confused with the Hockey Hall of Fame, in Toronto).