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.
Lexington, Indiana is an unincorporated town located in Lexington Township, Scott County, about 10 miles west of the Ohio River and 28 miles north of Louisville, Kentucky. The town itself was founded before Indiana became the 19th state in 1816 and was located in Jefferson County at the time it was platted. It was the original county seat from 1820 to 1874 before local leaders decided on a more central location at nearby Scottsburg which created animosity between the residents of the two towns for several decades afterwards.