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.
Castroville is a census-designated place (CDP) in Monterey County, California, United States. Castroville is located 9 miles (14 km) northwest of Salinas, at an elevation of 23 feet (7 m). The population was 6,724 at the 2000 census. Castroville calls itself "Artichoke Center of the World" and hosts the annual Castroville Artichoke Festival. Marilyn Monroe was named the festival's Artichoke Queen in 1948 and William Hung was named the Artichoke King in 2006. The community also displays the world's largest artificial artichoke. 75% of the US supply of artichokes is produced in Castroville. The local high school, North Monterey County High School, Castroville, fields a Marching Band which has traveled to China, performed at Bill Clinton's second Inaugural Parade, and traveled to Italy in April 2007. North Monterey County Middle School and Castroville Elementary are also located in Castroville.