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.
Yankton is a city in Yankton County, South Dakota, United States. The population was 13,528 at the 2000 census. It is the county seat of Yankton County. Yankton was the original capital of Dakota Territory. It is named for the Yankton tribe of Nakota (Sioux) Native Americans. Yankton is located on the Missouri River just downstream of the Gavins Point Dam and Lewis and Clark Lake and just upstream of the confluence with the James River. A famous landmark is the Human Services Center it was established as a psychiatric hospital in 1882. It is on The National Register of Historic Places. Yankton is commonly referred to as the 'River City', due to its close proximity to the Missouri River, and the importance that it played in the city's settling and subsequent development.