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.
Prather is an unincorporated community in Fresno County, California. It is located 25 miles (40 km) northeast of Fresno, at an elevation of 1657 feet (505 m). The post office in Prather first opened in 1914, closed in 1935, re-opened in 1936, and moved in 1939. The name honors Joseph L. Prather who came to California in 1872 and whose ranch became the site of the town.