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.
Seagrove is a town in Randolph County, North Carolina, United States. The population was 246 at the 2000 census. The name is derived from a railroad official. The center of population of North Carolina is located a few miles east of Seagrove. Seagrove is notable for its many potteries, and it is sometimes referred to as the "pottery capital of North Carolina", or even pottery capital of the world. In this usage, the name Seagrove not only refers to the town proper, but includes several other communities that are part of the pottery tradition along and near the North Carolina Pottery Highway. Over 100 potteries are located in Seagrove and the neighboring towns of Star, Whynot, Erect, Westmoore, and Robbins. Seagrove is also home to the North Carolina Pottery Center, which was established on November 7, 1998 and has since received visitors across the continent and around the world.