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.
Black Mountain is a town in Buncombe County, North Carolina, United States. The population was 7,511 at the 2000 census. It is part of the Asheville Metropolitan Statistical Area. The town is named for the Black Mountain range of the Blue Ridge range in the Southern Appalachians.