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.
Lotus (formerly, Marshall and Uniontown) is an unincorporated community in El Dorado County, California. It is located 1 mile (1.6 km) west of Coloma, at an elevation of 722 feet (220 m). The settlement was established in 1849 and named for James W. Marshall, discoverer of gold. In 1850, the name was changed to Uniontown to commemorate California's admission to the Union. The name was changed to Lotus with the arrival of the post office in 1881.