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.
Minot is a city located in north central North Dakota in the United States. With a population of 36,567 at the 2000 census, Minot is the fourth largest city in the state. The city is the county seat of Ward County and is a trading center for a large portion of northern North Dakota, southwestern Manitoba, and southeastern Saskatchewan. Founded in 1886 during the construction of the Great Northern Railway, Minot is also known as the "Magic City". Minot is the principal city of the Minot Micropolitan Statistical Area, a micropolitan area that covers McHenry, Renville, and Ward counties and had a combined population of 67,392 at the 2000 census.