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.
Laguna Niguel is a city located in southern Orange County, California. The name "Laguna Niguel" is derived from the Spanish word "Laguna" which means lagoon, and the word "Nigueli" which was the name of a Juaneño Indian village that was once located on Aliso Creek. The population was 61,891 at the 2000 census. The city was primarily built after 1980 as an unincorporated master planned community located in the San Joaquin Hills near Laguna Beach. It borders Laguna Beach, Dana Point, San Juan Capistrano, Mission Viejo, Laguna Hills, and Aliso Viejo. Laguna Niguel has been the host of the 'Mooning of the Amtrak' for 30 years as of July 2009.