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.
Loomis is an incorporated town in Placer County, California, United States. It is part of the Sacramento–Arden-Arcade–Roseville Metropolitan Statistical Area. The population was 6,260 at the 2000 census. It is home to Del Oro High School. Foundation elementary schools for Del Oro High School are Placer Elementary School, Franklin Elementary School, Loomis Grammar School, H. Clarke Powers Elementary School, Penryn School, Ophir School, Newcastle School, and the newly opened Loomis Basin Charter School.