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.
Foxworth is an unincorporated community in Marion County, Mississippi, United States. It is located near the intersection of U.S. Highway 98 and Mississippi Highway 35, approximately three miles southwest of Columbia along the west bank of the Pearl River. The community is named after Frank A. Foxworth, one of the first settlers in the area. Foxworth is part of the Marion County School District and is the site of three campuses – West Marion Primary School (Grades K-3), West Marion Elementary (Grades 4-6), and West Marion High School (Grades 7-12) – that serve students in the rural areas of western Marion County.