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.
Jacksonville, North Carolina, is a city in Onslow County, North Carolina, United States. As of 2008, the estimated population stood at 81,863. Jacksonville is the principal city of and is included in the Jacksonville, North Carolina metropolitan area. Jacksonville is the youngest city in the United States with an average age of 22.9 years old. The low age can be attributed to the large military presence. It is the county seat of Onslow County, and the home of the United States Marine Corps' Marine Corps Base Camp Lejeune and Marine Corps Air Station New River. Jacksonville is located in North Carolina's Inner Banks region. The City is about 45 minutes away from the Port City Wilmington.