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.
Mebane is a city located mostly in Alamance County, North Carolina, United States, with a part of it in Orange County, North Carolina. It is part of the Burlington, North Carolina Metropolitan Statistical Area. The current population estimate (2008) is 10,624. According to the Official website of Mebane, NC, the town was named for General Alexander Mebane, Jr. , a Revolutionary War figure and member of the U. S. Congress. It was incorporated as Mebanesville in 1881, then the name was changed to Mebane. In 1987, the official name became the City of Mebane.