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.
Aberdeen is a city in Monroe County in the U.S. state of Mississippi. The population was 6,415 at the 2000 census. It is the county seat of Monroe County. Located on the banks of the Tombigbee River, Aberdeen was one of the busiest Mississippi ports of the nineteenth century. Cotton was heavily traded in town, and for a time Aberdeen was Mississippi's second largest city. Today Aberdeen retains many historic structures from this period, with over 200 buildings on the National Register of Historic Places. In the spring of each year, Aberdeen hosts pilgrimages to its historic antebellum homes. The most prominent of these antebellum homes is The Magnolias, which was built in 1850. Located just outside the city, Aberdeen Lock and Dam forms Aberdeen Lake, a popular recreational area. Aberdeen Lock and Dam is part of the Tennessee-Tombigbee waterway system.