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.
Ararat is an unincorporated community in the Long Hill Township of Surry County, North Carolina. Ararat is situated on, and is named for, the Ararat River. Ararat is along the former Atlantic & Yadkin Railway line from Mount Airy to Rural Hall that is now operated by the Yadkin Valley Railroad. Landmarks near the center of the community include the community post office, fire department and area churches.