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.
Salida is a census-designated place (CDP) in Stanislaus County, California in the United States. As of the 2000 census, the CDP population was 18,070. It ranks as the 4th most populous community in Stanislaus County. It is also part of the Modesto Metropolitan Statistical Area. Cultivation of almonds has historically been a significant activity in the vicinity, including a major Blue Diamond processing facility nearby . In fact, this plant is involved exclusively in processing whole brown almond kernels with a "dry" process involving no water, heat or chemicals. Salida is within the East Stanislaus Resource Conservation District which comprises 984 square miles (2,550 km) of land area and attends to a variety of environmental conservation and best management agricultural practices. While Salida is named for the Spanish word meaning "exit", the name is customarily pronounced according to English phonetics, as Sah-LIE-duh, rather than according to Spanish phonetics, Sah-LEETH-ah is in Colorado. Salida will be home to their first high school Joseph Gregori High School, which is on schedule to open in Fall 2010.