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.
Ridgecrest is an unincorporated settlement in eastern Buncombe County, North Carolina, off of Interstate 40/U.S. Route 70, in eastern Buncombe County. The community is part of the Asheville Metropolitan Statistical Area. It is also home to Ridgecrest Camp for Boys and Crestridge Camp for Girls, two large and successful Christian summer camps.