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.
Shanks is an unincorporated community in Hampshire County in the U.S. state of West Virginia. According to the 2000 census, the Shanks community has a population of 806. Shanks is located east of Romney along the Northwestern Turnpike on the eastern flanks of South Branch Mountain. The community is centered around the intersection of U.S. Route 50 and Allen Hill Road (West Virginia Secondary Route 50/7). Shanks Roadside Park is located directly to its west on U.S. Route 50. The North Fork Little Cacapon River runs through the community. Most of Shanks' population resides at the Judy Mobile Homes Court behind the current post office along Allen Hill Road South. It has also become popular with people looking to refurbish older farmhouses along U.S. Route 50 and Allen Hill Road North.