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.
Belfry is a census-designated place (CDP) in Carbon County, Montana, United States. It is part of the Billings, Montana Metropolitan Statistical Area. The population was 219 at the 2000 census. It is located approximately 11 miles from the Wyoming border, roughly halfway between Billings, Montana and Cody, Wyoming. Belfry is predominantly an agricultural community. The primary crops are sugar beets, alfalfa, and feed corn. Ranchers raise cattle and sheep. Water for agricultural use comes mostly from the Clark's Fork of the Yellowstone River through several cooperative ditch companies, with water rights dating back 100 years or more. At its peak in the early 1900s, a railway line came into Belfry, with a spur running up to the coal mines in Bearcreek. When the mines closed down and the railway line was removed, Belfry's population dropped to its current level. Currently, the community has a general store, a bar, a restaurant, and a small bar/restaurant/casino.