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.
The City of Sierra Madre, is a town in Los Angeles County, California. The population was about 10,580 at the time of the 2000 census. It is in the Foothills of the San Gabriel Mountains below the southern edge of the Angeles National Forest with the cities of Pasadena and Altadena to its west, and Arcadia to its south and east.