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 Lake is a city in San Bernardino County, California along the south shore of Big Bear Lake, located 25 miles (40 km) northeast of the city of San Bernardino. The population was 5,438 at the 2000 census. Surrounded by the San Bernardino National Forest, Big Bear Lake is a year-around resort destination for Southern California.