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.
La Quinta is a resort city in Riverside County, California, USA, specifically in the Coachella Valley between Indian Wells and Indio. The population was 23,694 at the 2000 census. The Robb Report credits La Quinta as the nation's leading golf destination. Among those destinations is the La Quinta Resort and Club, a resort dating to 1926 and famous as the spot in which director Frank Capra penned the screenplay of Lost Horizon. The Tom Fazio-designed golf course at The Quarry at La Quinta is ranked among the top 100 golf courses in the United States. In January 2008, the Arnold Palmer Classic Course at the city's SilverRock Golf Resort, became one of the four host golf courses for the annual Bob Hope Chrysler Classic PGA golf tournament.