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.
Rancho Cucamonga is a city in San Bernardino County, California, United States. As of the 2000 census, the city had a total population of 127,743, but a 2009 estimate by the state of California put the city's population at 177,736 people. In 2006, Money magazine ranked Rancho Cucamonga as the 42nd-best place to live in the United States. Dr. Donald J. Kurth was elected as mayor on November 7, 2006. Jack Lam is the city manager. The city was incorporated in 1977, as a result of a merger among the unincorporated communities of Alta Loma, Cucamonga, and Etiwanda.