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.
Exeter is a city in Tulare County, California, United States. The town of Exeter is situated near the foothills of the Sierra Nevada Mountain Range. Exeter is located on State Highway 65, 2 miles (3.2 km) south of Highway 198 and 15 miles (24 km) east of Highway 99. Exeter is within a 3 to 4 hour drive of both Los Angeles and San Francisco, and 30 minutes from the entrance to Sequoia National Park. The public school system in Exeter consists of: Exeter Union High School (9-12), Wilson Middle School (6-8), Rocky Hill Elementary (3-5), Lincoln Elementary (K-2) and Kaweah High School (a continuation high school). The 1999-2000 enrollment was: grades K-8, 1,936 and grades 9-12, 1101 students. Exeter’s population is over 10,347. Elevation : 350–575 feet (110–180 m) above sea level Average rainfall : 11.47 inches (291 mm)