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.
Brownsburg is an unincorporated community in Rockbridge County, Virginia, United States. The village of Brownsburg was established on November 23, 1793. By 1835, Brownsburg was a thriving commercial hub and was centrally located on the stagecoach line between Staunton and Lexington. Brownsburg Academy, a private Presbyterian high school for young men, was built with funds raised by local residents. The Academy operated as a private institution from 1850 to 1877 and its building was used for classes, religious services and public meetings. A portion of Brownsburg was listed as a historic district on the Virginia Landmarks Register and National Register of Historic Places in 1973.