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.
Puckett is a town in Rankin County, Mississippi, United States. The population was 354 at the 2000 census. It is part of the Jackson Metropolitan Statistical Area. Founded by the Puckett family from nearby Tishamingo, Mississippi in 1898. The town's actual early founding is tied to Joshua R. Burnham (born 1845). He started the first post office there and an effort was made to name the town Burnham. The government denied the request, some attribute to because he fought in the Civil War. As alternate names were being debated, a black man by the name of Puckett was walking down the road at the time. They submitted Puckett, and it was accepted. From a search of existing records, there is/never was a nearby town named Tishamingo.