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.
Hatteras is an unincorporated community in Dare County, North Carolina, United States, on the Outer Banks island of Hatteras. North Carolina Highway 12 passes through the community linking it to Frisco and Ocracoke (via a ferry in Hatteras). It is south of the famous Cape Hatteras and the Cape Hatteras Lighthouse in Buxton. The inlet that the ferries use is Hatteras Inlet.