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.
Lexington is the county seat of Davidson County, North Carolina, United States. As of the 2000 census, the city had a total population of 19,953. It is located in central North Carolina, twenty miles south of Winston-Salem. Major highways include I-85, U.S. Route 29, U.S. Route 70, U.S. Route 52 (soon to be I-285) and U.S. Route 64. Lexington is part of the Piedmont Triad region of the state. Lexington, Thomasville, and the rural areas surrounding them are slowly turning into bedroom communities for nearby cities such as Winston-Salem, Greensboro and High Point.