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.
Colstrip is a city in Rosebud County, Montana, United States. The population was 2,346 at the 2000 census. Established in 1924 and incorporated as a city in 1998, Colstrip is the largest city in Rosebud County with 25% of the total population. Colstrip's primary industries are coal mining and electricity production. For the Sports Illustrated Magazine's 50th anniversary, it named Colstrip the top sports town in Montana. The entire community celebrates Colstrip Days annually on the weekend prior to the 4th of July. The primary way to travel to Colstrip is by driving. See the video Coal Strip Tease for a driving tour of Colstrip.