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.
Bayard is a town in Grant County, West Virginia, United States. The population was 299 at the 2000 census. Bayard was incorporated in 1893 and named in honor of Thomas F. Bayard, Jr. , who later became a United States Senator from Delaware (1923–1929). Bayard was founded on the West Virginia Central and Pittsburgh Railroad as a coal mining community. Coal mining has remained the town's chief industry.