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.
Ocotillo is a census-designated place (CDP) in Imperial County, California, United States. Ocotillo is located 26 miles (42 km) west of El Centro, The population was 296 at the 2000 census. It is part of the El Centro, California Metropolitan Statistical Area. Ocotillo was devastated by floods from Hurricane Kathleen in 1976; 3 people died.