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.
Elk Creek is a unincorporated community in Grayson County, Virginia, United States. Elk Creek is home to a local dragstrip owned by the people who participate in the races held there. They have everything from Junior Dragsters to Top Eliminator. 2006's track champions were; in Top Eliminator Bobby Hash, in Footbrake Jimbo Sells, in DOT Robby Copenhaver, in Junior Dragsters Tyler Hull and Second in Junior Dragsters was Dane Shinault of Carroll County. The population of the ZCTA for Elk Creek's ZIP Code, 24326, was 1,214 at the 2000 census..