assign shapefile attributes to a point?

[HomadsTeam]

I've written a python script that geolocates a point. How can I use the python API to merge that point with the shapefile that it's located in? My ideal result is a new point layer that includes my original point combined with the attributes of the shapefile.

[DanPatterson_Retired]

ArcGIS.features.analysis.merge_layers ?

there are other options searching the api for 'merge' or even 'append' depending on what you want to do