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.
Durant is a city in Holmes County, Mississippi, United States. It was founded in 1858 as a station on the Mississippi Central Railroad, later part of the Illinois Central. Durant was named for Louis Durant, a Choctaw chief, who had lived on a bluff just across the nearby Big Black River. The population was 2,932 at the 2000 census.