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.
Rockingham is a city in Richmond County, North Carolina, United States named after the Marquis of Rockingham. The population was 9,672 at the 2000 census. It is the county seat of Richmond County. Rockingham is the home of Rockingham Speedway, formerly the North Carolina Speedway, which was a staple of the NASCAR schedule for nearly 40 years, before the race was discontinued in 2004.