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.
Sugarloaf is a unincorporated residential area less than a mile south of Big Bear City and 8 miles from the eastern tip of Big Bear Lake in the San Bernardino Mountains of San Bernardino County, California. The area is primarily residential with a convenience store and a bar located at the center of the community. The residential area is set at an elevation of 7,096 feet at its center, whereas its extreme northern border is 6,998 feet above sea level and the southern tip sits at 7,218 feet above sea level. There is no municipal organization for the area, and all fire, water, and police service is provided by San Bernardino County. The ZIP code for the community is 92386, the area code 909, and the population is 1,816. Big Bear High School is located in the northern part of the community. The name of the town is taken from the nearby mountain, Sugarloaf. The mountain is so called because it appeared to some to bear a resemblance to a sugarloaf. (In settlement days sugar was sold in pieces of a loaf.)