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.
Port Sulphur is a census-designated place (CDP) on the West Bank of the Mississippi River in Plaquemines Parish, Louisiana, United States. The population was 3,115 at the 2000 census. The name Port Sulphur derives from the Freeport Sulfur Company in the early 1900s, when it set up drilling, refinery and shipping operations. The site is valuable because of its proximity to the Gulf of Mexico, its docking site along the Mississippi River and the surrounding natural resources.