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.
Gulf is an unincorporated community in southwestern Chatham County, North Carolina, United States, south of the town of Goldston. It is located on the Deep River. The community is home to a general store and several historical homes. It received its name from its location, at a wide bend in the Deep River. Gulf is the geographical center of North Carolina.