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.
Washburn is a city in McLean County, North Dakota in the United States. It is the county seat of McLean County. The population was 1,389 at the 2000 census. Washburn was founded in 1882 and became the county seat in 1883. Washburn is home to the North Dakota Lewis and Clark Interpretive Center which focuses on the Expedition's winter with the Mandans and houses a full-scale replication of Fort Mandan and one of the expedition's canoes.