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.
Brookings is a city in Brookings County, South Dakota, United States. Brookings is the fifth largest city in South Dakota, with a population of 18,504 at the 2000 census. It is the county seat of Brookings County, and home to South Dakota State University, the largest institution of higher education in the state. The mayor is Tim Reed.