Learn More About Mergers And Acquisitions Law in Colfax, North Carolina

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Colfax is a small unincorporated community located in Guilford County, North Carolina. As of the 2000 census, the CDP had a population of 2,469. Colfax is located at (36.11, -80.01). The community is a suburb of Greensboro and is located in the center of the Piedmont Triad. Its main attraction is the Piedmont Triad Farmers Market, where people shop for fresh food from local farmers. Its main school is the Colfax Elementary School, which is part of the Guilford County School System. It is also the location of one of fifteen Piano and Organ Distributors, one of the largest piano sellers in the country. In 2000, the community attempted to incorporate, but failed after a joint commission found that the proposed limits were not sufficient for incorporation under North Carolina law, lacking under the population density requirement. On June 30, 2008 the city of Greensboro annexed the main part of Colfax into the city limits, though some of Colfax is still unincorporated.

Mergers And Acquisitions Law Lawyers In Colfax North Carolina

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What is mergers and acquisitions law?

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.