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.
Lemon Springs is an unincorporated community in southern Lee County, North Carolina, United States. It lies south of Sanford, and southeast of Tramway. The community is centered around The Fastop Convenience store, the business shares a building with the Fastop Grill. The Greenwood Elementary School is the only one in the Lemon Springs community, before there were closer Middle and High schools, Greenwood was for grades K-12.