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.
Leggett (formerly, Leggett Valley) is an unincorporated community in Mendocino County, California. It is located on the South Fork of the Eel River 17 miles (27 km) northwest of Laytonville, at an elevation of 984 feet (300 m). It is home to some of the largest trees in the world. Nearby Smithe Redwood State Reserve and the Standish-Hickey State Recreation Area are noted for their forests of Coastal Redwoods. Leggett is served by California's State Route 1, whose northern terminus with U.S. Route 101 is just outside the community. The town of Leggett includes a single gas station, K-12 school, two convenience stores, pizza parlor, fire station and Drive-Thru Tree. The Leggett post office opened in 1949.