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.
Woodlawn is a census-designated place (CDP) in Carroll County, Virginia, United States. The population was 2,249 at the 2000 census. Woodlawn is musically notable as the home of Heritage Shoppe and Heritage Records, a store and record label owned by Bobby Patterson, a musician from a regionally important family of performers. Heritage Records specializes in local musicians, and also releases recordings from the Old Fiddlers' Convention in Galax, Virginia .