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.
Bethania is the oldest municipality in Forsyth County, North Carolina, United States, and was most recently incorporated in 1995, upon the reactivation of the original 1838/1839 town charter. In 2009, Bethania will celebrate the 250th anniversary of its establishment in 1759. The first planned Moravian settlement in North Carolina, Bethania exists as the only remaining independent, continuously active Moravian village in the southern United States, and is the only known existing Germanic-type Linear Agricultural village in the South. The 500-acre Bethania National Historic Landmark district is the largest National Landmark in Forsyth County. Bethania and its 18th and 19th century properties are listed on the National and North Carolina State Historic Registers of Places. Bethania was founded 12 June 1759 by the Moravian Brethren of Wachovia as a congregational, agricultural, and trades community. Bethania was the first planned Moravian settlement in Wachovia, and members of a Society, under the care of the Bethania congregation were permitted to reside in the village, as well, after July 1759. Today, Bethania's eighteenth century German-type linear agricultural village design remains visible and intact, and most town lots and roadways have remained in continuous use since 1759. The town was named "Bethania" the German form of the name Bethany, a village near Jerusalem recorded in the New Testament as the home of Mary, Martha and Lazarus, as well as that of Simon the Leper. In March 2007, The Town of Bethania opened a visitor center and museum, Historic Bethania, to welcome friends and guests, and to promote education and cultural resource preservation in the community. The Historic Bethania Visitor Center facilities include a relocated and restored Moravian farmstead home, the Wolff-Moser House, dating to ca. 1792, one of the earliest known surviving rural Moravian farmstead homes in North America. The Wolff-Moser House can be visited by the public, during the center's open hours. The Historic Bethania Visitor Center, located at 5393 Ham Horton Lane, at the intersection of Main Street and Bethania Road, also serves as an orientation center for those wishing to explore the Bethania National Historic Landmark District. Visitors to the c. 1759 Bethania Historic District can obtain a tour map and additional information at the visitor center. Bethania Mill and Village Shoppes, the only shopping center within the city limits opened Oct 18. At the site of an old seed mill, the shop contains a general store and plans to have a restaurant. They currently are renting out office space.