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.
Booneville is a city in Prentiss County, Mississippi, United States. The population was 8,625 at the 2000 census. It is the county seat of Prentiss County. Booneville is home to Northeast Mississippi Community College, which has an annual enrollment in excess of 6,000 students. The community college services five counties: Prentiss, Tippah, Alcorn, Union, and Tishomingo. Booneville is also the birthplace of Congressman Travis W. Childers.