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.
Shawboro is an unincorporated community located in Currituck County, North Carolina, United States. The post office is located close to the intersection of Shawboro Road and North Indian Town Road (SR 1147). The ZIP code is 27973. The Shawboro area is covered by three different telephone exchanges: Elizabeth City, Moyock, and Shiloh. Located in Shawboro is Station 4 fire and rescue service as well as Shawboro Elementary School, a K-5 school with approximately 500 students.