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.
Coalinga (formerly, Coaling Station, Coalingo and Coalinga Station) is a city in Fresno County, California. The population was 11,668 at the 2000 census and was estimated at 18,061 in 2007. It is the site of both Pleasant Valley State Prison and Coalinga State Hospital. Coalinga is located 52 miles (84 km) southwest of Fresno, at an elevation of 673 feet (205 m).