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.
Chester is a census-designated place (CDP) in Plumas County, California, United States. The population was 2,316 at the 2000 census. The town is located along State Route 36 and on the shore of Lake Almanor. The US Postal Service ZIP code for the community is 96020. The primary industries in Chester are lumber manufacturing and tourism. Chester serves as the retail center for the Lake Almanor region of California, and derives a significant portion of its economy from the tourist trade, and to a lesser degree from construction to service new residents and businesses.