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.
Midpines is an unincorporated community in Mariposa County, California. It is located 12 miles (19 km) southwest of El Portal, at an elevation of 2585 feet (788 m). It lies among the Sierra Nevada foothills of the central part of the state, 6 to 10 miles north of Mariposa, the county seat. It is composed of scattered residential areas along both sides of State Route 140, which is one of three principal routes to Yosemite National Park, some 30 miles to the east of Midpines. Midpines began as a resort, founded by Newell D. Chamberlain, in 1926. The first post office opened in 1929.