OpenJurist

Mergers And Acquisitions Law Lawyers In Preston Kentucky

Prestonsburg is a city in and the county seat of Floyd County, Kentucky, United States. It lies in the eastern part of the state, along the banks of the Levisa Fork of the Big Sandy River. It was founded in 1797 by Col. John Preston—for whom it was named—along with Solomon Stratton, Matthias Harman and Andrew Hood. The population was 3,612 at the 2000 census.

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.