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Mergers And Acquisitions Law Lawyers In Burnside Kentucky

Burnside is a city in Pulaski County, Kentucky, United States. The population was 637 at the 2000 census. In 2005, Burnside became the only town in Pulaski County to allow the sale of alcoholic beverages by the drink in qualified establishments. Since then, Burnside annexed several miles of shoreline along Lake Cumberland in order to include Lee's Ford Marina, allowing it to sell alcohol. On August 28, 2007 Burnside voters once again passed the sale of alcoholic beverages by the drink in restaurants. The final tally was 227-104 in favor of the sale of alcohol in restaurants that seat at least 100 people and derive at least 70% of the total gross receipts from the sale of food. This vote was started by two Pulaski County clergymen in an attempt to reverse Burnside's "moist" status.

What is mergers and acquisitions law?

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.