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.
Schuyler (SKY-lur) is an unincorporated community in Nelson County, (with some addresses also in Albemarle County), Virginia, United States, close to Scottsville. In 1882, the community—originally "Walker's Mill" -- was named for Schuyler George Walker, local mill operator, and the area's first Postmaster. In the late 19th and early 20th Centuries, the town became a small industrial center with the establishment of a stone cutting plant for the area quarries of the Alberene Stone Company, which took the native and acid-resistant soap stone and milled the rock into flat table tops for labs and hospitals. The Great Depression essentially destroyed this industry and the area never fully recovered. Schuyler was the birthplace and home of writer Earl Hamner Jr. He is best known for the CBS television series The Waltons, which was based on his experiences of growing up the eldest child of a large rural family in depression era America. The region suffered greatly from the remnants of Hurricane Camille, which dumped two and three feet of rain in the area in August 1969. The flooding and landslides are a major weather event of the late 20th Century.