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.
Jonesville is the oldest town in Yadkin County, North Carolina. The population was 1,464 at the 2000 census. However, it grew by nearly 800 residents in 2001 when it merged with neighboring Arlington. The county seat is Yadkinville. The closest large city is Winston-Salem 30 miles away. There is very little in the way of shopping less than 10 restaurants and several gas stations. It is a typical "Interstate town" The majority of fast food and gas locus on I70. The Yadkin River separates Jonesville from Elkin. The town is situated in the foothills of the Blue Ridge Mountains. The area is sometimes referred to as the Tri-County Area. The town is in the Yadkin Valley AVA, an American Viticultural Area. Wines made from grapes grown in the Yadkin Valley AVA may use the appellation Yadkin Valley on their labels. At least a dozen wineries are located within 15 miles of the town. Although the town itself is dry and has repeatedly voted to stay that way. The town has some very odd laws such as it being illegal to discharge any type of 'projectile throwing device' Such as the obvious gun or bow, to the absurd B.B. gun, blow gun, slingshot, sling or even a realistic looking toy gun.