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.
Kinston is a city in Lenoir County, North Carolina, United States. The population was 23,688 at the 2000 census. The population was estimated at 22,360 in 2008. It has been the county seat of Lenoir County since its formation in 1791 . Kinston is located in North Carolina's Inner Banks region. Kinston is home of the N.C. Global TransPark (GTP), a combined airport and industrial complex developed by the state in Lenoir County; Grainger Stadium, home to the Kinston Indians minor league baseball team; Caswell Center, a campus providing support services and boarding for mentally handicapped; and Lenoir Memorial Hospital. In 2009, it was announced that Kinston is a recipient of the prestigious All-America City Award. This marks the second time in twenty years the city has won the title, the last time being in 1988.