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.
Chino Hills is a suburb located in the southwestern corner of San Bernardino County, California, United States. The city borders Los Angeles County on its northwest side, Orange County to its south, and Riverside County to its southeast. The city had a total population of 80,897 as of 2005. Chino Hills was ranked 68th in Money Magazine's "Best places to live 2005. " It is also the 6th highest income place in the United States (with population 65,000 to 250,000) and was ranked as the 13th safest city in the United States by the FBI. Chino Hills is generally considered a part of the Chino Valley. Chino Hills’ reputation is known in the national arena as well, as it was featured on the list of 87 of America’s hottest towns in the January 2004 issue of Money magazine. Chino Hills was ranked 8th on the list of “best places in the west with a population under 100,000. ” The magazine reviewed a decade of data for communities with above average population growth, income, and home prices “to see where people were most willing to devote a high multiple of their annual income to live happily ever after. ”