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.
Kitty Hawk is a town in Dare County, North Carolina, United States. The population was 2,991 at the 2000 census. It was established in the early 1700s as Chickahawk. Kitty Hawk became famous after the Wright brothers selected a nearby site upon which to make their first controlled powered airplane flights on December 17, 1903. The site, four miles (six kilometers) to the south near the sand dunes known as the Kill Devil Hills, was an ideal location because of the consistent, reliable winds and the privacy that the area provided. The aircraft carrier USS Kitty Hawk (CV-63), the B-2 Spirit stealth bomber AV-19, the aircraft transport ship USS Kitty Hawk (AKV-1), and the Apollo 14 command module have been named for the town.