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.
Stem is a town in Granville County, North Carolina, United States. The population was 229 at the 2000 census. In 2006, Stem became home to a high school for the first time since Stem High, when Granville Central High School opened it's doors to freshman and sophomores. The school added a grade each year and now has grades 9-12.