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.
Kipling is an unincorporated community located along U.S. Highway 401 in the Hectors Creek Township of Harnett County, North Carolina between the communities of Cape Fear and Chalybeate Springs north of Lillington. Formerly known as Bradley's Store during the late 19th century. An incorporation effort for the community failed in 2001. Notable landmarks here include the community post office.