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.
Salisbury is a city in Rowan County in North Carolina, a state of the United States of America. The population was 26,462 in 2000. It is the county seat of Rowan County. Salisbury is the home to famed North Carolina soft drink, Cheerwine, and the regional supermarket Food Lion. Salisbury is the birthplace of former US Senator Elizabeth Dole, financier and philanthropist Julian H. Robertson and retired NBA player Bobby Jackson. Salisbury is the site of a noted prisoner of war camp during the American Civil War and has a large historic home district with many large mansions, several of which are on the National Register of Historic Places. Salisbury also has a strong record of historic preservation.