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.
Kentwood is a rural town in Tangipahoa Parish, Louisiana near the Mississippi border. The population was 2,205 at the 2000 census. It is part of the Hammond Micropolitan Statistical Area. Water from Kentwood is bottled and popularly marketed in New Orleans under the Kentwood Springs label. Kentwood is also known as "The Dairy Capital of the South. " Kentwood used to have a dairy parade each November where people sold crafts and miscellaneous items. The festival hasn't been held for several years due to the shutdown of the dairy plant in the 1970s and the subsequent decline of the town and its economy. Later, the parade and festival was moved to the summer months. Despite all this, Kentwood is best known as the hometown of the pop singer Britney Spears and sister Jamie Lynn Spears.