Learn More About Mergers And Acquisitions Law in Providence, Kentucky

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Providence is a city in Webster County, Kentucky, United States. The population was 3,611 at the 2000 census. The city is named after Providence, Rhode Island. It is located in the southwestern part of the county, east of the Tradewater River. The town was founded by Richard B. Savage, who arrived in the vicinity from Virginia in 1820 with his eldest sister, Mary (Savage) Settler. On February 18, 1840, when the town of Providence was officially sanctioned, it had a population of 150, including three physicians, as well as five stores, two hotels, a school, a Baptist church, a Masonic hall and three tobacco stemmeries. In the heart of the state's Black Patch tobacco-growing region, Providence eventually became the third largest stemming market in America. Providence was incorporated in 1860. The onset of the Civil War slowed economic growth in the city, although no major battles took place there. A Confederate reconnaissance and foraging force commanded by General Nathan Bedford Forrest passed through between November and December of 1861. Commercial coal mining began in 1888, and by 1930 Providence residents numbered 4,742. In the 1930s depressed conditions in the coal fields resulted in a loss of population that continued through the 1960s. Providence' economy remains tied to coal and agriculture.

Mergers And Acquisitions Law Lawyers In Providence Kentucky

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What is mergers and acquisitions law?

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.