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.
Palm Springs is a desert city in Riverside County, California, within the Coachella Valley. It is located approximately 37 miles east of San Bernardino, 111 miles (177 km) east of Los Angeles and 136 miles (225 km) northeast of San Diego. As of the 2000 census, the city population was 42,807. Golf, swimming, tennis, horseback riding and hiking in the nearby desert and mountain areas are major forms of recreation in Palm Springs. The area codes for Palm Springs are 760 and 442. The ZIP codes for Palm Springs are 92262 through 92264.