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.
Thomasville is a city in Davidson County in the U.S. state of North Carolina. The population was 19,788 at the 2000 census. The city is notable for its furniture industry as are its neighbors of High Point and Lexington. This Piedmont Triad community was established in 1852 and hosts the state's oldest festival, "Everybody's Day". Built around the local railway system, Thomasville is home to the oldest railroad depot in the state, just a few hundred feet from the city's most notable landmark, "The Big Chair".