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.
Glasgow is a town in Kanawha County, West Virginia, USA, along the Kanawha River. The population was 783 at the 2000 census. Glasgow was incorporated on June 20, 1920. Folk etymology derives its name from a combination of the word "glass" with the word "company" for a glass factory that was built there many years ago, but the presence of many Scottish immigrants to this part of Appalachia, particularly from the Strathclyde region, indicates that the town was most likely named after the Scottish city of Glasgow in Strathclyde. Other Virginia and West Virginia locations named for places in Strathclyde include Dumbarton, Argyle, Loudoun County, Hamilton in Loudoun County, Lanark and Renfrew.