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.
Adelanto is a city in San Bernardino County, California about 9 miles northwest of Victorville. The population was 18,130 at the 2000 census. The population as of July 2008 was near 27,500. The name Adelanto means progress or advance in Spanish, and was first given to the post office that was established on the site in 1917.