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.
Gasquet - pronounced (GAS-kee), and formerly spelled Guasquet - is an unincorporated community 22 mi (35 km) southwest of the Oregon border in Del Norte County, California, and 18 miles (29 km) northeast of Crescent City, with a population of 515. It lies at an elevation of 381 feet. The ZIP Code is 95543. Its area code is 707. Gasquet is located in the Smith River National Recreation Area and is reputed to be the rainiest place in California with an average annual rainfall of 90 inches. A post office operated at Gasquet from 1879 to 1902 and from 1949 to present. The name is in honor of Horace Gasquet, its first postmaster.