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.
Ringgold is an unincorporated community in Pittsylvania County in the U.S. state of Virginia with a postal zip code 24586. The community was named after Maj. Samuel Ringgold, a hero of the Battle of Palo Alto in the U.S. -Mexican War. Ringgold lies twenty minutes' drive away from Danville, Virginia. Southern Ringgold actually touches the southern border of Virginia and North Carolina.