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.
Davis is a city in Yolo County, California, United States. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. According to estimates published by the US Census Bureau, the city had a total population of 62,724 in 2007 (60,308 in 2000). It is the largest city in Yolo County, and the 126th largest in the state, by population. Davis is known for its liberal politics, for having many bicycles and bike paths, and for the campus of the University of California, Davis. In 2006, Davis was ranked as the second most educated city (in terms of the percentage of residents with graduate degrees) in the United States by CNN Money Magazine, after Arlington, Virginia.