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.
Ideal is an unincorporated community in northern Tripp County, South Dakota, United States, named for its superb farmland. It lies north of the city of Winner the county seat of Tripp County. Its elevation is 1,886 feet (575 m), and it is located at 43°32′36″N 99°55′17″W / 43.54333°N 99.92139°W / 43.54333; -99.92139 (43.5433299, -99.9215103). Although it is unincorporated, it has a post office, with the ZIP code of 57541.