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.
Colton is a city in San Bernardino County, California, United States. The population was 47,662 at the 2000 census. Colton is the site of Colton Crossing, one of the busiest at-grade railroad crossings in the United States. The main transcontinental trunk lines of Union Pacific and Burlington Northern Santa Fe cross at this point. As traffic on each line has soared since the mid-1990s, fueled largely by the vast increase in imports passing through the ports of Los Angeles and Long Beach, the primitive crossing has become a serious bottleneck. The crossing was installed in August 1882 by the California Southern Railroad to cross the Southern Pacific Railroad's tracks while building northward from San Diego.