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.
Ovett is an unincorporated community in southeastern Jones County, Mississippi, United States. It is located just west of the De Soto National Forest and Highway 15. Although it is unincorporated, the community has a post office, with the ZIP code of 39464. Ovett is part of the Laurel Micropolitan Statistical Area.