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.
Barnardsville is an unincorporated community that was small town in Buncombe County, North Carolina, USA, near Asheville until its disincorporation in 1970. It is located at Latitude 35.762741 Longitude -82.433296 and has a population of 1,647. The community is part of the Asheville Metropolitan Statistical Area.