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.
Petrolia (formerly, New Jerusalem and Petrolea) is an unincorporated community in Humboldt County, California. It is located 10 miles (16 km) southeast of Cape Mendocino, at an elevation of 121 feet (37 m). The ZIP Code is 95558. Petrolia has an estimated population of 300-500 people. It is located in the Mattole Valley, also known as the Lost Coast region for its proximity to the Lost Coast Wilderness area, one of the largest wilderness areas and the longest stretch of undeveloped coastline in the continental United States. The Lost Coast is named because of its position on the rocky, treacherous coastline and King Range of mountains that isolate this area from mainland California and continue to leave the area almost completely undeveloped.