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.
Hampton is an independent city in Virginia, and therefore not part of any Virginia county. As one of the seven major cities that comprise the Hampton Roads metropolitan area, it is on the southeastern end of the Virginia Peninsula, bordering on Hampton Roads harbor and the Chesapeake Bay. It is the sixth most populous city in Virginia, the most populous settlement with the name, and one of the oldest cities in the United States, tracing its history to the year 1610. As of the 2000 U.S. census, the city population was 146,437, but the census estimate for 2005 showed that the city's population was down slightly to 145,579. Hampton hosts Fort Monroe, Langley Air Force Base, NASA Langley Research Center, the Virginia Air and Space Center, historic Hampton University and features a wide array of business and industrial enterprises, retail and residential areas, historical sites, and miles of waterfront and beaches.