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.
Bismarck is the capital of the U.S. state of North Dakota, the county seat of Burleigh County. It is the second most populous city in North Dakota after Fargo. Its population was 55,532 at the 2000 census. Its metropolitan population was 94,719 in 2000, but was estimated in 2008 to have grown to 104,944. Bismarck was founded in 1872 and has been North Dakota's capital since it gained statehood in 1889. Bismarck is situated on the east bank of the Missouri River, directly across the river from Mandan. The two cities make up the core of the Bismarck-Mandan Metropolitan Statistical Area The North Dakota State Capitol, the tallest building in the state, towers over the central part of Bismarck. The state government employs many people in the city. As a hub of manufacturing, retail, and health care, Bismarck is the economic center of a large portion of south-central North Dakota and north-central South Dakota.