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.
Hillsborough is a town in Orange County, North Carolina, United States. The population was 5,653 at the 2008 census. It is the county seat of Orange County. Its name was unofficially shortened to "Hillsboro" over the years (beginning in the 19th century) but was changed back to its original spelling in the late 1960s.