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.
Sausalito is a San Francisco Bay Area city, located in Marin County, California, United States. Sausalito is located 8 miles (13 km) south-southeast of San Rafael, at an elevation of 13 feet (4 m). The population was 7,330 as of the year 2000 census. The community is situated near the northern end of the Golden Gate Bridge, and prior to the building of that bridge served as a terminus for rail, car and ferry traffic. Developed rapidly as a shipbuilding center in World War II, the city's industrial character gave way in postwar years to a reputation as an artistic enclave, as a picturesque residential community (incorporating large numbers of houseboats), and as a tourist destination. It is adjacent to, and largely bounded by, the protected spaces of the Golden Gate National Recreation Area.