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.
Point Harbor, North Carolina is an unincorporated community located in Currituck County, North Carolina. The community is unincorporated but has an estimated permanent population of about 100. The community, along with Southern Shores, border towns to the main bridge that crosses the Currituck Sound. Point Harbor is best known for being "America's Home Town. " Also, Point Harbor has had a thriving music scene since 1999.