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.
Hugo is a city in Choctaw County in the southeastern part of the U.S. state of Oklahoma. The population was 5,536 at the 2000 census. It is the birthplace of Bill Moyers, B. J. Thomas, James Ling, and William Childress, serves as winter quarters for some circus performers and the oldest school - Goodland Academy - begun in 1848. It is the county seat of Choctaw County. The town is located in a cultural area of the state known as Little Dixie and the tourist area Kiamichi Country.