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.
Boomer is a farming community located in Wilkes County, North Carolina. Boomer is listed by the United States Census Bureau as a ZIP Code Tabulation Area. The population was 1,929 at the 2000 Census. The community was named after its first postmaster, Ed "Boomer" Matheson. The community was originally called Warrior Creek, after a stream which flows through the area. Boomer was the birthplace and home of James Larkin Pearson, a poet and newspaper publisher who served as North Carolina's Poet Laureate from 1953-1981.