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.
Lettsworth is a small village located in the extreme northern tip of Pointe Coupee Parish, Louisiana, in the United States. It lies on the east bank of the Atchafalaya River near its intersection with the Mississippi River and the Red River at the Old River Control Structure. As of 2005, the population is 202. The town's zip code is 70753. Blues musician Buddy Guy was born in Lettsworth in 1936. The father of journalist Howard K. Smith was originally from Lettsworth. On the northern end of Lettsworth, bordering the Atchafalaya River, is White Hall Plantation House, an 1840s antebellum structure designed by architect Henry Howard, and once the home of Louisiana State Senator Bennet Barton Simmes, founder of the river town of Simmesport on the opposite bank of the river.