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.
Sophia is a small unincorporated area in central Randolph County in the U.S. state of North Carolina. It is located along U.S. Highway 311, just northwest of the route's intersection of with I-73/I-74/US 220 and southeast of Archdale, North Carolina. It is the location of WGHP-TV's (Fox 8) television transmitter tower. In the late 1990s and early 2000s, Sophia citizens protested the North Carolina Department of Transportation (NCDOT) on its plan to route I-74 through the center of town, essentially removing the community from existence. After a hearing with locals, the NCDOT decided to shift the planned corridor about 1 mile to the north.