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.
Big Bear City is an unincorporated, census-designated place in San Bernardino County, California immediately east of Big Bear Lake. The population was 5,779 at the 2000 census. Big Bear encompasses Census Tracts 113 (east) and 114 (west). The makeup of Big Bear City is mostly residential with smaller houses and cabins laid out in typical square block fashion. Despite the name, Big Bear City is not an incorporated city.