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.
Knightdale is a town in Wake County, North Carolina, United States. The population was 5,958 at the 2000 census, and estimated at 9,843 in January 2008. With the population boom experienced in the North Carolina Research Triangle area in the past two decades, Knightdale is a suburb of Raleigh, bordering that city at the Neuse River. The estimated population of the Raleigh-Durham-Cary Combined Statistical Area (CSA) was 1,565,223 as of July 1, 2006, with the Raleigh-Cary Metropolitan Statistical Area (MSA) portion estimated at 994,571 residents.