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.
Temple City is a city in Los Angeles County, California. The population was 33,377 at the 2000 census. As of the 2000 census, Caucasians composed the largest ethnic group in Temple City. Temple City is part of a cluster of cities in the west San Gabriel Valley with a growing Asian population.