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.
Norborne is a city in Carroll County, Missouri, United States. The population was 805 at the 2000 census. Norborne was founded in 1868 by Norborne B. Coats a civil engineer for the railroad. The town has numerous small businesses, but is mostly an agricultural community. Norborne is the self-proclaimed Soybean Capital of the World and holds a Soybean Festival every year during the weekend of the second Saturday in August. The Festival begins on Thursday evening and concludes on Saturday night. In June 2009, Norborne, Missouri got hit by straight-line winds in excess of 74 mph which severely damaged buildings, homes and property.