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 Banos is a city in Merced County, California, near the junction of State Route 152 and Interstate 5. Los Banos is located 26 miles (42 km) southwest of Merced, at an elevation of 118 feet (36 m). The population was 25,869 at the 2000 census. As of 2006 the World Gazetteer calculates the population as 35,054. The name los banos has its origins with Spanish and was named after a natural water spring that feeds natural wetlands in the western San Joaquín Valley. The original Spanish spelling was Los Baños, meaning "the baths" in reference to the adjacent water source. However, Los Banos means "the bathrooms" in common Spanish. Its official spelling is without the eñe. Official signs do not insert the tilde above the n. It can be pronounced as if the eñe were present as in "los banyos," or as it is spelled - an anglicized "loss bannos", though the former is often preferred. The city is served by Los Banos Municipal Airport for air transport access.