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.
Indio is a city in Riverside County, California, United States, located in the Coachella Valley of Southern California's desert region. It lies 26 miles (42 km) east of Palm Springs, 70 miles (113 km) east of Riverside, 83 miles (134 km) east of San Bernardino, and 125 miles (201 km) east of Los Angeles. The population was 49,116 at the 2000 census. The word indio is Spanish for Indian. Indio was once referred to as "the Hub of the Valley", the city Chamber of Commerce jingle in the 1970s.