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.
Walnut Cove is a town in Stokes County, North Carolina, United States. The population was 1,465 at the 2000 census. It is the home of the Walnut Festival which draws many walnut lovers to the area. It also houses historic Monitor Roller Mills and a portion of North Camp Lake. Walnut Cove is also home to South Stokes High School whose team mascot name honors the native American Indian Saura tribe. Belews Lake and Hanging Rock State Park are located nearby.