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.
Montross is a town in Westmoreland County, Virginia, United States. The population was 315 at the 2000 census. It is the county seat of Westmoreland County. Located in the historic Northern Neck of Virginia, Montross is near the George Washington Birthplace National Monument and Stratford Hall Plantation. The Old Westmoreland Court House in Montross was the site of notable events in 1774–1775 connected with the Revolutionary War. According to an historic marker at the courthouse, a resolution was introduced by Richard Henry Lee and adopted at a meeting there on June 22, 1774, providing aid to Boston, Massachusetts, following a blockade of that beleaguered port city by Great Britain. The seizure in 1775 of the Virginia Colony's gunpowder supply in Williamsburg on orders of the Royal Governor, in what became known as the Gunpowder Incident, prompted the Westmoreland Committee of Safety to convene at the Court House on May 23, 1775. The committee passed a resolution denouncing the governor, Lord Dunmore, for his actions. Washington and Lee High School is located in the town. Emmy Award-winning video engineer Walter Balderson, who attended Washington and Lee High School, is from Montross.