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.
Kenova is a city in Wayne County, West Virginia, at the confluence of the Ohio and Big Sandy Rivers. The name of the town comes from its unique position where the borders of Kentucky, Ohio, and (West) Virginia meet. Founded in 1859 but not incorporated until 1894, the town's early history and development was centered around the railroad industry. It is home to a major Norfolk Southern Ohio River Bridge. CSX Transportation's former Chesapeake and Ohio Kanawha Subdivision travels through the town as well. The population of Kenova was 3,485 at the 2000 census. Kenova is a part of the Huntington-Ashland, WV-KY-OH, Metropolitan Statistical Area (MSA). As of the 2000 census, the MSA had a population of 288,649. The city is also near the site of the Southern Airways Flight 932 aviation disaster. In 1970, a plane carrying the Marshall University football team crashed on a hillside on approach to the Tri-State Airport, killing all on board. A movie about the tragedy, We Are Marshall, was released in 2006.