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.
Robbins is a city in Moore County, North Carolina, United States. The population was 1,195 at the 2000 census. Robbins is the hometown of North Carolina senator and 2004 Democratic vice-presidential candidate John Edwards, and is the annual site of the Mid Atlantic Star Party, a regional gathering of amateur astronomers. Robbins' name has changed 10 times over the years. It started as Cagles Goldmine Community in the early 1700s and was settled by the descendants of Leonard "Lionheart" Cagle who immigrated there via Philadelphia from the Palatine Valley of Germany at age 70. His son Henry is believed to be the one that settled in between the creeks that border the city to the east and owned the land where the gold mine was located. Kennedy gunworks was located in Robbins during the American Civil War and stands today as Robbins Hosiery Mill. It is also home to the Standard Mineral Company, a mine on the outskirts of town that ships talc all over the world.