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.
Ararat is an unincorporated community in Patrick County, Virginia, United States, south of the Blue Ridge Parkway and north of Mount Airy, North Carolina. Ararat is located near the Virginia/North Carolina state line about five miles north of Mount Airy, North Carolina and about 25 miles west of Stuart, Virginia. The community's name comes from the Ararat River which flows through the area. The River takes its name from the Saura Indian name for nearby Pilot Mountain in Surry County, North Carolina. The large Monadnock mountain was thought to resemble a bullfrog and the Indians named it after the sound they thought it made "Ratratrat". Early white settlers thought what they were saying sounded like "Ararat," the mountain which, according to the Bible, was the landing point of Noah's Ark. Blue Ridge Elementary School is located in the community. Several famous people were born in the community, such as the Reverend Bob Childress; "The Man Who Moved A Mountain," Orlean Puckett; the famous midwife whose cabin is along the parkway; and James Ewell Brown "Jeb" Stuart, the Major General of Cavalry for Robert E. Lee during the American Civil War. The J.E.B. Stuart Birthplace, Laurel Hill, is a preserved private park in the community that is open for self-guided tours daily and holds a Civil War encampment the first full weekend of October each year.