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.
Piru is a census-designated small town located in Eastern Ventura County, California, in the Santa Clara River Valley near the Santa Clara River and State Route 126, about seven miles (11 km) east of Fillmore and about 13 miles (21 km) west of Interstate 5. The population at the time of the 2000 census was 1,196. Lake Piru, in the Los Padres National Forest, is the main recreational attraction.