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.
Port Hueneme is a small beach city in Ventura County, California surrounded by the city of Oxnard and the Pacific Ocean. The name derives from the Spanish spelling of the Chumash wene me, meaning "resting-place". Area was discovered by Cabrillo in 1542 and the original city of Hueneme is the second-oldest city in Ventura County. Name was officially changed to Port Hueneme in 1939. The population was 21,845 at the 2000 census. Port Hueneme has a south-facing sand beach, known for its surfing, year-round mediterranean climate and beach park. The beach stretches eastward about a mile from the harbor and the naval base and includes a wooden fishing pier. There are also picnic tables and small bring-your-own charcoal barbecues. The beach and picnic areas are popular weekend destinations during the summer season—Memorial Day (late May) through Labor Day (early September).