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.
Holtville (formerly, Holton) is a city in Imperial County, California, United States. Holtville is located 10.5 miles (17 km) east of El Centro, The population was 5,612 at the 2000 census. It is part of the 'El Centro, California Metropolitan Statistical Area'. City officials believed the population doubled in the last 6 years by 2007. Holtville was famous in the 20th century with having the Imperial Valley Carrot Festival but was confused with the Coachella Valley from Bugs Bunny animated shorts in the 1940s when he reads the map seeking a Carrot Festival.