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.
Lakewood is a city in Los Angeles County, California, United States. The population was 79,345 at the 2000 census. It is bordered by Long Beach on the west and south, Bellflower on the north, Cerritos on the northeast, Cypress on the east, and Hawaiian Gardens on the southeast. Major thoroughfares include Lakewood, Bellflower, and Del Amo Boulevards and Carson and South Streets. The San Gabriel River Freeway runs through the city's eastern regions. Sometimes called "an instant city" because of its origins—going from lima bean fields in 1950 to a well-developed city by 1960—Lakewood is, along with Levittown, New York, the archetypal post-World War II American suburb. The vast majority of its housing stock is small, mass-produced single-story houses on tree-lined streets, sold initially to World War II and Korean War veterans who worked in the aerospace factories of Long Beach and the South Bay.