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.
Aromas is a census-designated place (CDP) in Monterey County, and San Benito County, California, United States. The CDP straddles the border of the two counties, with Monterey County to the west and San Benito County to the east. Santa Cruz County sits less than a mile to the Northwest, and Santa Clara County about two miles (3 km) to the North. The population was 2,797 at the 2000 census and was almost equally distributed between the two counties at 1,427 in Monterey County and 1,370 in San Benito County. Aromas is the only CDP in California that is divided between two or more counties.