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.
Purvis is a city in Lamar County, Mississippi, United States. It is part of the Hattiesburg, Mississippi Metropolitan Statistical Area. The population was 2,164 at the 2000 census. It is the county seat of Lamar County. The Town of Purvis was incorporated on February 25, 1888 and was founded by and named after Thomas Melville Purves, originally of Marion County, Alabama. Purves, born March 8, 1820 was a second generation Scottish-American whose grandfather immigrated to Charleston, South Carolina in 1765.