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.
Fresno is a city in California, USA, the county seat of Fresno County. As of 2010, the population was estimated at 505,479 and by 2020 it will have 590,797 residents. making it the fifth largest city in California, the largest inland city in California, and the 36th largest in the nation. Fresno is located in the center of the wide San Joaquin Valley of Central California, approximately 200 miles (322 km) north of Los Angeles and 170 miles (274 km) south of the state capital, Sacramento. The city is part of the Fresno-Clovis metropolitan area, which, with a population of 1,002,046, is the second largest metropolitan area in the Central Valley after Sacramento. The name Fresno is the Spanish language word for the ash tree and an ash leaf is featured on its flag.