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.
Houston is a city in and one of two county seats of Chickasaw County, Mississippi, United States. The population was 4,079 at the 2000 census. The land on which Houston, MS resides was donated to the city by Judge Joel Pinson on the condition that it would be named for Sam Houston, a childhood friend. In 1909, Houston become home to the first Andrew Carnegie library in the state after then superintendent of schools, L.B. Reid wrote Mr. Carnegie of the need for a public library. Houston hosts the Mississippi Flywheel Festival both in April and September of every year.