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.
Semora is an unincorporated community in Caswell County, North Carolina. It lies just northwest of Hyco Lake and has some presence in Person County. Semora is home to one of the oldest churches in North Carolina: Red House Presbyterian Church. Neighboring North Carolina communities and municipalities include: Yanceyville, Milton, Roxboro, Leasburg, and Blanche. Alton, Viginia, is a neighbor to the north. The population was 1,576 at the 2000 census.