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.
Talmage (variant, Talmadge) is a census-designated place (CDP) in Mendocino County, California, United States. Talmage is located 2.5 miles (4 km) east-southeast of Ukiah, at an elevation of 627 feet (191 m). The population was 1,141 at the 2000 census. It lies on the Southeastern region of Ukiah Valley and is home to the famous City of Ten Thousand Buddhas, one of the largest Chinese Zen Buddhist temple in the United States. The town's name honors early settler Junius Talmage.