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.
Newellton is a town in northern Tensas Parish in the northeastern part of the U.S. state of Louisiana. The population was 1,482 at the 2000 census. Newellton is 65 percent African American. It is just west of the Mississippi River on Lake St. Joseph, an ox-bow lake. Further south toward St. Joseph is Lake Bruin, another ox-bow lake, a part of which is the popular Lake Bruin State Park. The African American trombonist Leon "Pee Wee" Whittaker was born near Newellton. Whittaker is among the honorees of the Delta Music Museum in Ferriday in Concordia Parish. His career took him as far as Canada and Great Britain as well as all along the Mississippi River delta country. Another Newellton native is C.B. Forgotston (born 1945), a lawyer in Hammond and a state government watchdog and political activist. Forgotston graduated from Newellton High School in 1962.