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.
Indian Wells is a city in Riverside County, California, in the Coachella Valley (Palm Springs area), in between Palm Desert and La Quinta. As of the 2000 census, the city population was 4,865. The city hosts the Indian Wells Masters (also known by its current sponsorship name of BNP Paribas Open), one of the nine tournaments in the Masters 1000 of high-level events operated by the Association of Tennis Professionals (i.e. , the men's tennis tour). The event is held in the 16,100-seat stadium of the Indian Wells Tennis Garden.