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.
Clearlake Park (formerly, Clear Lake, Clear Lake Park, and Jacks Landing) is a former unincorporated community now incorporated in Clearlake, in Lake County, California. It is located on the north shore of the southeast end of Clear Lake, just north of the village of Clearlake Highlands and about 15 miles (24 km) east-southeast of Lakeport, at an elevation of 1362 feet (415 m). The Clearlake post office opened in 1923, changed its name to Clearlake Park in 1937, and changed it back in 1980 when Clearlake incorporated.