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.
Angels Camp, also known as City of Angels and formerly Angel's Camp, Angels, Angels City, Carson's Creek, and Clearlake, is the only incorporated city in Calaveras County, California, United States. The population was 3,004 at the 2000 census. It lies at an elevation of 1378 feet. Mark Twain based his short story "The Celebrated Jumping Frog of Calaveras County" on a story he claimed he heard at the Angels Hotel. The event is commemorated with a Jumping Frog Jubileeeach May at the Calaveras County Fairgrounds, just east of the city. Because of this, Angels Camp is sometimes referred to as "Frogtown. " United States Ski Team member and two time Alpine skiing World Cup Downhill Champion Kyle Rasmussen lives in Angels Camp. The city is California Historical Landmark #287.