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.
Wayside is an unincorporated community located near the intersection of Highways 1 and 438 in west central Washington County, Mississippi, United States. Also, on 9 October 2009 three mobile homes were destroyed and 16 houses were damaged, and many trees were knocked down. A fatality took place in a mobile home. Two others were injured due to an EF1 tornado. Although it is unincorporated, it has a post office, with the ZIP code of 38780.