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.
Fellows is a census-designated place (CDP) in Kern County, California, United States. Fellows is located 5 miles (8 km) west-northwest of Taft, at an elevation of 1316 feet (401 m). The population was 153 at the 2000 census. Fellows is surrounded on all sides by the enormous Midway-Sunset Oil Field, the third-largest oil field in the United States, and the oil and gas industry accounts for much of the area's economic activity.