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.
Ellerbe is a town in Richmond County, North Carolina, United States. The population was 1,021 at the 2000 census. It is perhaps best known as the one-time home of professional wrestler André the Giant, who operated a nearby ranch/farm in his spare time and retirement. Ellerbe is notable for its peaches, fruit stands and peach ice cream shops.