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.
Candor is a town in Montgomery County, North Carolina, United States. The population was 825 at the 2000 census. Candor is the home of the North Carolina Peach Festival, which is held every year on the third Saturday of July. The town's welcome sign reads: Welcome to Candor. Peach Capital.