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.
Parlier is a city in Fresno County, California, United States. As of the 2000 census, the city had a total population of 11,145. The city has one of the state's highest percentage of Latinos, a large majority of them are seasonal migrant laborers who arrive and temporarily work in the area's agricultural sector. Parlier is located 5.5 miles (9 km) east-southeast of Selma, at an elevation of 344 feet (105 m).