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.
Rodanthe (ro-DANTH-ee) is an unincorporated community located in Dare County, North Carolina, on Hatteras Island, part of North Carolina's Outer Banks. Rodanthe, along with Waves and Salvo, are part of the settlement of Chicamacomico. Rodanthe includes the original Chicamacomico Life-Saving Station, decommissioned in 1954, but now a museum. Rodanthe is served by North Carolina Highway 12 which runs North-South through town. The entire Chicamacomico area is bordered to the North and South by National Seashore areas thus limiting potential growth. The town is bordered by the Atlantic Ocean to the East and the Pamlico Sound to the West. Rodanthe is the easternmost point of North Carolina. Rodanthe is famous for its observation of "Old Christmas" on January 6, formerly Christmas, December 25, by the Julian Calendar, a custom held over from the original English settlers who still used the "Old Style" calendar. A mythical beast "Old Buck" appears at the celebration, he appears related to Belsnikel or Krampus who are Companions of Saint Nicholas in Central European Christmas celebrations.