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.
Ruffin is an unincorporated community located in Rockingham County, North Carolina. It is northeast of Reidsville, North Carolina and southwest of Danville, Virginia just off US 29. It has a population of 2,116. Neighboring communities and municipalities include Reidsville, Eden, Pelham, Casville, and Wentworth. Ruffin hosts its Whistlestop Jubilee every fall. It has the Ruffin United Methodist Church, Ruffin Stacey Baptist Church and a few others in the community. The community is named after the 1850's pro-slavery activist Edmund Ruffin. .