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.
Raymond (formerly, Wildcat Station) is an unincorporated community in Madera County, California. It is located 20 miles (32 km) north-northeast of Madera, at an elevation of 948 feet (289 m). Raymond has fewer than 1,000 residents. It is located approximately 20 miles (32 km) north of Madera at Green Mountain Road and Road 600. The community is part of the Madera–Chowchilla Metropolitan Statistical Area. The area was either named for T. Raymond of Raymond & Whitcomb Travel Association in San Francisco, or Walter Raymond of Raymond & Whitcomb Travel Association in Boston. Walter Raymond founded the Raymond Hotel in Pasadena in 1886. He planned the hotel and received money for its construction from his father Emmons Raymond, who was a stockholder in the Santa Fe Railroad. When the town of Raymond was dedicated, its residents approached Walter Raymond and offered to name the town after him if he would cut the ribbon at the ceremony. The first post office opened in 1886. The original name, Wildcat Station, was replaced by Raymond when the Southern Pacific Railroad reached the town in 1886. The ZIP Code is 93653. The community is inside area code 559.