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.
Buckhannon is the only incorporated city in and the county seat of Upshur County, West Virginia, United States, and is located along the Buckhannon River. The population was 5,725 at the 2000 census. As of 2004, it has reached a population above 7,500. Buckhannon is home to West Virginia Wesleyan College and the West Virginia Strawberry Festival, held annually on the third week of May. The city is located 115 miles northeast from the capital city of Charleston and 140 miles south of Pittsburgh, Pennsylvania. Buckhannon is also home of the Sago Mine Tragedy that happened on January 2, 2006, resulting in the deaths of 12 of 13 trapped miners.