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.
Forest Ranch is an unincorporated community in Butte County, California. It includes Forest Ranch Elementary School (K-6), its own post office, and a CDF fire station. The community's ZIP code is 95942, and is shared with the community of Butte Meadows. The area code is 530. The US Geological Survey reports the town's elevation as 2,415 feet (736 m) above mean sea level. The eastern end of the community is about 3,500 feet (1,067 m): about 1,000 feet (305 m) higher. This is high enough that residents occasionally get "snowed in. " Residents east of the center of the community report the snowfall is heavy enough to prevent driving about one to three days each year. This is only true of homes not located along State Route 32. Some residents commute to work in Chico, about fifteen driving miles west on SR32.