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 Palos Verdes (RPV) is a city in Los Angeles County, California that was incorporated on September 7, 1973. The population was 41,145 at the 2000 census. Rancho Palos Verdes is an affluent suburb of Los Angeles. Sitting atop the bluffs of the Palos Verdes Peninsula, it is known for expansive views of the Pacific Ocean. The history of Rancho Palos Verdes dates back to the Spanish explorers and the establishment of the first Spanish rancho land grant in California. Its most notable geographic features are the Palos Verdes Hills and cliffs with grand vistas of the Pacific Ocean, with views of Santa Catalina Island. Its most notorious geographic feature is the continuous landslide at Portuguese Bend, which may have been caused in part by septic runoff from homes in Rancho Palos Verdes and its neighboring communities.