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.
Compton is a city in southern Los Angeles County, California, United States, south-southeast of downtown Los Angeles. The city was incorporated in 1889. As of the 2000 census, the city had a total population of 93,493. An inner suburb of Los Angeles, Compton has seen an increase of middle-class residents in the last few years, due to its affordable housing and the reduction of crime. Compton is still seen as a primarily African-American city, although in the 2000s Latinos became a plural-majority as a result of immigration and shifts in ethnic populations. Neighborhoods in Compton include: Sunny Cove, Leland, Downtown Compton, and the Richland Farms.