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.
Trona is an unincorporated community in San Bernardino County, California, United States, within the census-designated place of Searles Valley. Trona is at the western edge of Searles Lake, a dry lakebed at the bottom of in Searles Valley, southwest of Death Valley. The town takes its name from the mineral trona, abundant in the lake. It is about 170 miles (274 km) northeast of Los Angeles, on State Route 178. The ZIP code is 93562. Trona is known for its isolation and desolation. as well as the nearby Trona Pinnacles. The local school plays on a dirt football field because the searing heat and highly saline soil kills grass. At one point it boasted an 18 hole golf course that was all sand except for the greens.