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.
Willits (formerly, Little Lake and Willitsville) is a city in Mendocino County, California, United States. Willits is located 20 miles (32 km) north-northwest of Ukiah, at an elevation of 1391 feet (424 m). The population was 5,073 at the 2000 census. Willits is at the center of Mendocino County and its redwood forests. An arch donated to the city by Reno, Nevada in 1995 stands in the center of town and displays Willits' slogans "Heart of Mendocino County" and "Gateway to the Redwoods. " The Sherwood Valley Rancheria of Pomo Indians of California are headquartered here.