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Mergers And Acquisitions Law Lawyers In Grants New Mexico

Grants is a city in Cibola County, New Mexico, United States. The population was 8,806 at the 2000 census. It is the county seat of Cibola County. Grants began as a railroad camp in the 1880s, when three Canadian brothers were awarded a contract to build a section of the new Atlantic and Pacific Railroad through the region. The Grant brothers' camp was first called Grants Camp, then Grants Station, and finally Grants. The new city enveloped the existing colonial New Mexican settlement of Los Alamitos and grew along the tracks of the Atlantic and Pacific Railroad. The town prospered as a result of railroad logging in the nearby Zuni Mountains, and served as a section point for the Atlantic and Pacific, which became part of the Atchison, Topeka, and Santa Fe railroad empire. The Zuni Mountain Railroad short line had a roundhouse in town (near present day Exit 81 off Interstate 40) and housed workers in a small community named Breecetown. Timber from the Zuni Mountains was shipped to Albuquerque where a large sawmill converted the timber to wood products that were sold around the west. After the decline of logging in the 1930s, Grants gained fame as the "carrot capital" of the United States. Agriculture was aided by the creation of Bluewater Reservoir, and the region's volcanic soils provided ideal conditions for farming. Grants also benefited from its location on U.S. Route 66, which brought tourists and travelers and the businesses that catered to them. Perhaps the most memorable boom in the town's history occurred when Paddy Martinez, a Navajo shepherd, discovered uranium ore near Haystack Mesa, sparking a mining boom that lasted until the 1980s. The collapse of mining pulled the town into a depression, but the town has enjoyed a resurgence based on interest in tourism and the scenic beauty of the region. Recent interest in nuclear power has revived the possibility of more uranium mining in the area, and energy companies still own viable mining properties and claims in the area.

What is mergers and acquisitions law?

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.