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.
Cary is a large town in Wake and Chatham counties in the U.S. state of North Carolina. Located almost entirely in Wake County, it is the second largest municipality in that county and the third largest municipality in The Triangle after Raleigh and Durham. Cary is a suburb of Raleigh. The town's population was 94,536 at the 2000 census, but the Census Bureau estimates that its population had grown to 134,000 by 2009, making it the largest town and seventh largest municipality statewide. According to the US Census Bureau, Cary was the 5th fastest growing municipality in the United States between September 1, 2006, and September 1, 2007. The census bureau more recently rated the Raleigh-Cary metropolitan area as the fastest growing municipality in the U.S. between 2007 and 2008.