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Mergers And Acquisitions Law Lawyers In Wheatcroft Kentucky

Wheatcroft is a city in Webster County, Kentucky, United States. The population was 173 at the 2000 census. Wheatcroft, a coal town with post office, is on KY 109 and the Illinois Central Gulf Railroad, 8 1/2 miles west of Dixon. It was probably named for Irving Horace Wheatcroft, an Englishman, who in 1899 laid out and founded the town on land acquired from Elijah Cullen, He opened one or more area coal mines, and built the Kentucky Western Railway from nearby Blackford to Dixon. The Wheatcroft post office was established on September 10, 1900, with A.S. Logsdon, postmaster, and the town was incorporated in 1902.

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.