premise: New Market was a city in Scott County, Minnesota, United States. The population was 332 at the 2000 census. In January 2007, New Market merged with Elko to become Elko New Market . As of 2006 New Market has a public school, Eagle View Elementary School which is operated by and is part of the New Prague Schools and teaches Preschool - 5th.
hypothesis: New Market merged with another town and is now named New Market of Elko.
reason: That's not their new name. It's Elko New Market. 