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.
Deep Gap is an unincorporated community located in Watauga County, North Carolina. Daniel Boone spent a good part of his life in and around Deep Gap, traveling through an area known as Triplett (now part of the Deep Gap postal service area). Powder Horn Mountain, one of the first gated resort communities in Western North Carolina, is located there. Influential guitar player Doc Watson was born in Deep Gap, where he still makes his home. The zip code for Deep Gap, NC:28618