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.
Los Altos is a city at the southern end of the San Francisco Peninsula, in the San Francisco Bay Area. The city is in Santa Clara County, California, United States. The population was 27,693 according to the 2000 census. It is one of the wealthiest places in the United States. Most of the city's growth occurred between 1950 and 1980. Originally an agricultural town with many summer cottages, Los Altos is now an affluent bedroom community. Los Altos has several distinctive features. Commercial zones are strictly limited to the downtown area and small shopping and office parks lining Foothill Expressway and El Camino Real. Los Altos' low crime rate, excellent schools and proximity to coastal foothills make it one of the area's premier cities.