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.
Milford is an unincorporated community in Lassen County, California. It is located on Mill Creek 15 miles (24 km) south of Litchfield, at an elevation of 4222 feet (1287 m). The settlement began when Judson Dakin and J.C. Wemple opened a mill at the site in 1861. The first post office at Milford opened in 1864, and closed for a period during 1879.