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.
Sherwood is a city in Renville County, North Dakota, in the United States. The population was 255 as of the 2000 census. It is part of the Minot Micropolitan Statistical Area. Sherwood was founded in 1904. Sherwood's weather station has one of the lowest (if not the lowest) yearly precipitation levels in North Dakota, with an annual normal of 13.13 inches (1971-2000 period).