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.
Heaters is a small unincorporated community in Braxton County, West Virginia, United States. Heaters is situated about three miles north of Flatwoods on U.S. Route 19, which is a paved two-lane road. Access to I-79 is at Flatwoods. Heater's United States Postal Service ZIP Code is 26627. Heaters has no stoplight, no gas station, nor a general store, although it does have a post office. It used to have two bars, "The Boardwalk" and "Nancy's. " Both are now closed. The Boardwalk has become a restaurant, and Nancy's closed outright. Its most significant business is a Weyerhaeuser plant that manufactures oriented strand board building material.