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.
Pala is a small, mostly Native American, community located in San Diego County, California near Fallbrook. It is east of Carlsbad in the San Diego-Carlsbad metro area. In the National Geographic Names Database it is officially catalogued as feature number 1661174. The community is in ZIP Code 92059, and inside area code 760. The community name may be derived from the Native American Cupeño or Luiseño language group term pal, meaning "water. " Another possible origin of the name is the Spanish word pala, which means "shovel. " The community is in the Pacific time zone. Pala is at an altitude of 404 feet, located at latitude 33°21′55″N 117°04′36″W / 33.36528°N 117.07667°W / 33.36528; -117.07667 (33.365N, longitude 117.075W).