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.
Kill Devil Hills is a town in Dare County, North Carolina, USA. The population was 5,897 at the 2000 census. Nearby Kitty Hawk is frequently cited as the location of the Wright brothers' first controlled, powered airplane flights on December 17, 1903. The flights actually occurred in Kill Devil Hills.