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.
Parshall is a city lying within the jurisdictional boundaries of the Mandan, Hidatsa and Arikara Nation. It is located "on" the Fort Berthold Indian Reservation in Mountrail County, North Dakota, in the United States. Its population was 981 at the 2000 census. Parshall was founded in 1914, and is the home of the Paul Broste Rock Museum. On February 15, 1936, Parshall hit a temperature of -60°F (-51°C), setting a state record which still stands today. Randy Hedberg, a former NFL quarterback, was born and raised in Parshall.