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Mergers And Acquisitions Law Lawyers In Somerset Kentucky

Somerset is a city in Pulaski County, Kentucky, United States. The city population was 11,352 at the 2000 census. The population of the Somerset Micropolitan Statistical Area was 56,217 at the 2000 census. The 2009 estimated population is 12,320 for the city of Somerset. The Somerset Micropolitan Statistical Area is 60,148.

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.