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.
Watford City is a city in McKenzie County, North Dakota in the United States. It is the county seat of McKenzie County. The population was 1,435 at the 2000 census. Watford City was founded in 1914. The local newspaper is the McKenzie County Farmer and Watford City is the location of the main offices for the First International Bank and Trust. It is also the headquarters for McKenzie Electric Cooperative.