We acquired another company last year and we made new files for the employees who stayed on with us.Our company policy is for the personnel files to live here at the corp offices in Texas and we retian employemnt records for seven years after termination. I have found they have employee personnel files in the name of the business we acquired sitting in the field office in WY.

Do I retain those records? The files are from the previous owner.

Is there any reason to keep the files in Wyoming? Or should I transfer them here and destroy? Or transfer and retian for 7 years?

If you own that company now, then yes, you should have the employee files (from Wyoming) at your head office and keep for 7 years. You don't know what may come up.