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.
Biloxi is a city in Harrison County, Mississippi, in the United States. The 2000 census recorded the population as 50,644, although the 2008 Census Estimate placed the population at 45,670. Along with Gulfport, Biloxi is a county seat of Harrison County. The city is part of the Gulfport-Biloxi metropolitan area and the Gulfport-Biloxi-Pascagoula, Mississippi Combined Statistical Area. Pre-Katrina, Biloxi was the third largest city in Mississippi; but with its population losses following that storm, Hattiesburg now has that distinction. The beachfront of Biloxi lies directly on the Mississippi Sound, with barrier islands scattered off the coast and into the Gulf of Mexico. Keesler Air Force Base lies within the city and is home to the 81st Training Wing and the 403rd Wing of the U.S. Air Force Reserve.