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.
Caliente (formerly, Allen's Camp and Agua Caliente) is an unincorporated community in Kern County, California. It is located 22 miles (35 km) east-southeast of Bakersfield, at an elevation of 1312 feet (400 m). Caliente has a population of 1,019. Telephone numbers in Caliente follow the format 867-xxxx and the ZIP Code is 93518. It is located south of a small community named Walker Basin in the same telephone exchange area.