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.
Clifton Forge is a town in Alleghany County, Virginia, United States which is part of the Roanoke Region. The population was 4,289 at the 2000 census. The Jackson River flows through the town, which as a result was once known as Jackson's River Station. Clifton Forge was an independent city during the 2000 census. However, in 2001, Clifton Forge gave up its city status and reverted to a town. In previous decades, the railroad was a major employer. Clifton Forge is known for its mountain views and clear streams. It is home to one of the original six state parks of Virginia, Douthat State Park, built during Franklin D. Roosevelt's presidency by the Civilian Conservation Corps.