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.
Chester is a city in Hancock County, West Virginia, United States, along the Ohio River. It is part of the Weirton–Steubenville, WV-OH Metropolitan Statistical Area. The population was 2,592 at the 2000 census. Chester was established in 1896, but not incorporated until 1907. The city is named for J.C. McDonald, one of the city's original planners. Chester is home to the Mountaineer Casino, Racetrack and Resort, a popular regional attraction, and the Chester teapot, the World's Largest Teapot.