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.
Storrie is a census-designated place (CDP) in Plumas County, California and about 20 miles northeast of Lake Oroville. As of the 2000 census, the CDP had a total population of 5. According to the United States Census Bureau, it is one of only 8 places in the United States with a population of five people. The others are Bear Head Lake, Minnesota, Baker, Missouri, Gross, Nebraska, Odell, New Hampshire, Maza, North Dakota, Somerset, Vermont, and Prudhoe Bay, Alaska.