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.
Torrance is a city located in the South Bay (southwestern) region of Los Angeles County, California, United States. Torrance's 1.5 miles of beach coastline is less well-known than those of its immediate neighbors to the North, Redondo Beach, or to the South, Palos Verdes Estates. As of the 2009 California Population Estimate, the city's population was 149,111; the eighth largest city in Los Angeles County and the 35th largest in the state of California. Incorporated in 1921, Torrance enjoys a moderate year-round climate with warm temperatures, sea breezes, low humidity and an average rainfall of 12.55 inches per year. This residential city has 90,000 street trees.