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.
Santa Paula is a city within Ventura County, California, United States. The population was 28,598 at the 2000 census. It has been dubbed the "Citrus Capital of the World. " As the initial headquarters of the Union Oil Company of California, Santa Paula was one of the early centers of California's enormous petroleum industry.