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.
Susanville (formerly, Rooptown) is a city in and the county seat of Lassen County, California, United States. Susanville is located on the Susan River in the south-central part of the county, at an elevation of 4186 feet (1276 m). The population was 13,541 at the 2000 census. Susanville, a former logging and mining town, is the site of the High Desert State Prison, California (not to be confused with High Desert State Prison, Nevada) and California Correctional Center. High Desert State Prison, a high-security facility, opened in 1995; the California Correctional Center, a minimum-medium security facility, opened in 1963. The prisons and their effects on the community were featured on the PBS documentary, Prison Town, USA. P.O.V..