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.
Murphy is a town in Cherokee County, North Carolina, United States. The population was 1,568 at the 2000 census. Murphy is the county seat of Cherokee County and is the westernmost county seat in North Carolina. It is closer to the capitals of six other states (Georgia, Alabama, Tennessee, South Carolina, Kentucky, and West Virginia) than to Raleigh, the capital of North Carolina. Murphy was named for North Carolina politician Archibald Murphey.