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.
Pearl is a city in Rankin County, Mississippi, United States. The population was 21,961 at the 2000 census. It is part of the Jackson Metropolitan Statistical Area. Today, Pearl is a growing community across the Pearl River, for which the city was named, from Jackson. It is Mississippi's 13th largest city and the largest city in Rankin County. Pearl is a rarity in Mississippi cities in that it does not have a downtown square. Over the years the city has developed the old Pearl High School into a city administration building that houses city hall, Pearl Police Department, public works departments and city courts. A large auditorium-style community center was built next door. The city is in the process of turning this whole area into its downtown.