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.
Thurmond is a town in Fayette County, West Virginia, United States, on the New River. The population was 7 at the 2000 census. During the heyday of coal mining in the New River Gorge, Thurmond was a prosperous town with a number of businesses and facilities for the Chesapeake and Ohio Railway. The town was the filming location for John Sayles' 1987 movie Matewan since it still possesses many of the characteristics of a 1920s Appalachian coal mining town. Today, much of Thurmond is owned by the National Park Service for the New River Gorge National River. The C&O passenger railway depot in town was renovated in 1995 and now functions as a Park Service visitor center. The entire town is a designated historic district on the National Register of Historic Places. During the June 14, 2005, city elections, six of the city's seven residents sought elected office.