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.
Ocracoke is a census-designated place (CDP) and unincorporated town located at the southern end of Ocracoke Island, located entirely within Hyde County, North Carolina. The population was 769 as of the 2000 census. It is also the location of the reputed Blackbeard's death. The Ocracoke area made headlines during the Independence Day weekend in July 2009 when a truck carrying fireworks exploded, eventually killing three, and injuring several more.