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.
Loyalton is a city in Sierra County, California, United States. The population was 862 at the 2000 census. The ZIP code for the community is 96118. Wired telephone numbers in the community follow the format (530) 993-xxxx. The town is near the north extent of State Route 49, which ends at State Route 70 in Vinton, California. According to Rand-McNally, it is a fifty mile drive on State Route 49 to the county seat, Downieville. Many of the population are ranchers, loggers, former loggers, or suburbanites escaping from the growing Reno-Tahoe area.