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.
Ridgecrest, formerly known as Crumville, was incorporated as a city in 1963. It is located in the Indian Wells Valley in northeastern Kern County, California adjacent to the Naval Air Weapons Station China Lake (NAWS, or China Lake). Ridgecrest is the only incorporated city along US 395 in Kern County. The population was 24,927 at the 2000 census and reached 30,151 in 2008. The city of Ridgecrest is a largely "company" oriented community big enough to provide plenty of fine schools, shopping and health care. Ridgecrest is surrounded by four mountain ranges; the Sierra Nevada on the west, the Cosos on the north, the Argus Range on the east, and the El Paso Mountains on the south. It is approximately 80 miles (130 km) from the Lancaster/Palmdale area and approximately 115 miles (185 km) from both Bakersfield and San Bernardino, the three nearest major urban centers. Air travel in and out of the city is provided through the Inyokern Airport. Ridgecrest is within two hours of the highest and the lowest points in the continental U.S.