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.
San Simeon is an unincorporated settlement on the Pacific coast of San Luis Obispo County, California. Its position along State Route 1 is approximately halfway between Los Angeles and San Francisco, each of those cities being roughly 230 mi (370 km) away. A key feature of the area is Hearst Castle, a hilltop mansion built by William Randolph Hearst in the early 20th century that is now a tourist attraction.