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.
Hot Springs is an unincorporated community in Bath County, Virginia, United States. It is located about 5 miles (8 km) southwest of Warm Springs on U.S. Route 220. Hot Springs is the site of a number of resorts that make use of the springs. The area is historically important to the development of Bath County. As early as the mid 18th century, travelers came to use the springs. The first inn to accommodate them was built in 1766 by Thomas Bullitt. The most prominent modern resort, The Homestead, traces its origin to this inn.