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.
Burney is an unincorporated town and census-designated place (CDP) in Shasta County, California, United States. The population was 3,217 at the 2000 census. Burney is located on State Route 299, about 4 miles west of its junction with State Route 89. Burney is a center for fly fishing, with wild brown and native rainbow trout in many nearby rivers and streams, including Hat Creek, the Pit River, and Burney Creek. Other attractions in the area include McArthur-Burney Falls Memorial State Park, home to the Burney Falls. Burney was named after Samuel Burney, a settler in the area in the 1850s. Burney was found dead in the valley in 1857, which came to be called "the valley where Burney died," and finally just "Burney". The town of Burney sits at the base of an extinct volcano called Burney Mountain. The peak is 7,863 ft tall. Another volcano sits south of Burney Mountain named Crater Peak, it is 8,677 ft tall. Erick Lindgren, one of the more well-known professional poker players on the World Poker Tour, was born here in 1976.