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.
Kearneysville is an unincorporated community in Jefferson County in the U.S. state of West Virginia's Eastern Panhandle. According to the 2000 census, Kearneysville and its surrounding community has a population of 6,716. Kearneysville is located along West Virginia Route 9 at its intersection with West Virginia Route 480 halfway between Martinsburg and Charles Town. Settlement in the area that later came to be known as Kearneysville began in the mid-1700s. Thomas Fairfax, 6th Lord Fairfax of Cameron sold land to various settlers, the first of whom was Nicholas Lemen in 1756. The next settler was General Horatio Gates, an American Revolutionary War general who named his holdings Traveller's Rest. Following him were Uriah and James Kearney, Sr. , for whose family the village was named. The town grew slowly at first, but with the coming of the Baltimore and Ohio Railroad in the 1830s, the population increased throughout the county and local farmers began to take advantage of this faster means of transportation. In 1876, Kearneysville was the site of Jefferson's first commercial apple orchard. Because of its central location in the Panhandle, today Kearneysville is home to the Burr and Bardane Industrial Parks and is one of the fastest growing areas of Jefferson County with its many expansive residential communities such as Chapel View and the Village of Washington Trail.