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.
Brevard is a town in Transylvania County, North Carolina, United States. The 2005 population estimate by the United States Census Bureau was 6,643. It is the county seat of Transylvania County. Brevard is located at the entrance to Pisgah National Forest and has become a noted tourism, retirement and cultural center in western North Carolina. A moderate climate, environmental beauty and cultural activities attract relocators to the area. Brevard is the home of Brevard College a four-year liberal arts institution with nationally-recognized programs in music and environmental studies. The town also is home to Brevard Music Center, one of the nation's preeminent summer music teaching and performance institutions. Brevard also boasts an extensive local music and arts community. The city is nicknamed "The Land of Waterfalls" due to the many waterfalls in the area, including Looking Glass Falls, Connestee Falls, and Sliding Rock. The Mayor of Brevard is Jimmy Harris. To date he is the youngest Brevard Mayor to have been elected (age 37). He is currently serving his 5th term. Brevard is home to the Brevard White Squirrel Festival Approximately 25% of Brevard's squirrels are white squirrels, according to an annual survey conducted by the White Squirrel Institute.