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.
Kermit is a town in Mingo County, West Virginia, United States. The population was 209 at the 2000 census. Kermit is located along the Tug Fork, opposite Warfield, Kentucky. The Norfolk Southern Railway's Kenova District runs through town. The community was earlier known by the names "Lower Burning Creek," "East Warfield," and "Warfield. " The name was changed to "Kermit" when a post office was established in 1906. Kermit was named for Kermit Roosevelt, son of President Theodore Roosevelt, and incorporated in 1909.