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.
Lone Pine is a census-designated place (CDP) in Inyo County, California, United States. Lone Pine is located 16 miles (26 km) south-southeast of Independence, at an elevation of 3727 feet (1136 m). The population was 1,655 at the 2000 census. The town is located in the Owens Valley, near the Alabama Hills. From possible choices of urban, rural, and frontier, the Census Bureau identifies this area as "frontier. " The local hospital, Southern Inyo Hospital, offers standby emergency services. On March 26, 1872, the very large Lone Pine earthquake destroyed most of the town and killed 27 of its 250 to 300 residents.