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.
Boone is a town located in the Blue Ridge Mountains of western North Carolina, USA. Boone is the county seat of Watauga County and the home of Appalachian State University. The town is named for famous pioneer and explorer Daniel Boone, and every summer since 1952 has hosted an outdoor amphitheatre portrayal of the life and times of its namesake. A statue of Boone (photograph below) is located on the Appalachian State campus near the "duck pond". The statue was sculpted by Appalachian State University art department member the late Sherry Edwards. Garey Durden, a retired Professor Emeritus of Economics at Appalachian State was the body model for the Boone sculpture.