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.
Purgitsville is an unincorporated community in Hampshire County in the U.S. state of West Virginia. According to the 2000 census, the Purgitsville community has a population of 813. Purgitsville is located on U.S. Highway 220/West Virginia Route 28 at its intersection with Huffman Road (West Virginia Secondary Route 220/3) south of Junction. An elementary school, Mill Creek Elementary, was open here until 1993 when it was consolidated with Romney Elementary. Purgitsville began as a small farming and trading village in the early 19th century. In 1863, McNeill's Rangers were ambushed near the village by the Ringgold Cavalry, a Union force, but escaped with no fatalities.