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.
Scotia (formerly, Forestville) is an unincorporated community in Humboldt County, California. It is located 8.5 miles (13.7 km) south-southeast of Fortuna, at an elevation of 194 feet (59 m). The ZIP Code is 95565. Scotia is a company town, wholly owned by Pacific Lumber Company (PALCO), which is home to approximately 800 past or present mill employees and their dependents. Located in northwestern California's Humboldt County, its partially wooded hillside near the Eel River is highlighted by the sheer size of mammoth lumber mill buildings located between the town and the river. Via U.S. Route 101, the town is 28 miles (45 km) south of Eureka, California and 244 miles (393 km) north of San Francisco.