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.
Calipatria (formerly, Date City) is a city in Imperial County, California, United States. Calipatria is located 23 miles (37 km) north of El Centro, It is part of the El Centro Metropolitan Area. The population was 7,289 at the 2000 census, including 4000 inmates at Calipatria State Prison. The community is located along State Route 111.