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.
Piedra (formerly, Del Piedra and Delpiedra) is an unincorporated community in Fresno County, California. It is located on the south bank of the Kings River 23 miles (37 km) east of Fresno, at an elevation of 538 feet (164 m). In 1911, the Atchison, Topeka and Santa Fe Railroad built a branch line to a nearby quarry and bestowed the name ("Piedra" is Spanish for "rock" or "stone"). The Delpiedra post office operated from 1920 to 1943. The Piedra post office was established in 1949.