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.
Navarre is an unincorporated community in Santa Rosa County in the Northwest Florida Panhandle. Navarre is about 25 miles east of Pensacola and about 15 miles west of Fort Walton Beach. The community is roughly centered on the junction of U.S. Route 98 and State Road 87. It is part of the Pensacola–Ferry Pass–Brent Metropolitan Statistical Area.