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.
Coeburn is a town in Wise County, Virginia, along the Guest River. The population was 1,996 at the 2000 census with many small peaceful wooded communities in the outskirts. Camping is available nearby at Bark Camp Lake in the Jefferson National Forest with other activities including boating and fishing. Coeburn also has a racetrack and has many trails for riding 4-wheelers. The Guest River Gorge Trail, built along the Guest River on what was formerly the Interstate Railroad is also located in the Jefferson National Forest and is a popular place to walk or ride a bicycle.