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.
Oroville (formerly, Ophir City) is the county seat of Butte County, California. The population was 13,004 at the 2000 census, and it is one of the faster growing towns in California, with an 11.9% increase in population from 2000 to June 2007. The national average population increase is less than one percent. The Berry Creek Rancheria of Maidu Indians of California is headquartered here.