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.
Eden is a city in Rockingham County, North Carolina, United States. The population was 15,908 at the 2000 census. The city was incorporated in 1967 through the consolidation of three separate towns: Leaksville, Spray, and Draper. Due to this and the history of the town, several small historic downtown areas have opened up, such as Leaksville, which has tried to become a tourist attraction. The city's motto is "The Land of Two Rivers" .