Board Minutes - Approval Of Acquisition

These Board Minutes - Approval Of Acquisition approve the terms of an acquisition by a company of the entire issued share capital of a target company. They authorise the directors to give effect to the acquisition on the terms set out in the share sale agreement.

Where the buyer in a share purchase transaction is a company, it will usually need to hold a board meeting to approve the transaction. These minutes are suitable for a private company limited by shares purchasing the whole of the issued share capital of the target.

What does Board Minutes - Approval Of Acquisition do?

It records board approval for the acquisition and the directors’ authority to proceed with the purchase in accordance with the share sale agreement.

What does Board Minutes - Approval Of Acquisition cover?

• Approval of the acquisition of the entire issued share capital of the target company.
• Director authority to take the steps needed to complete the acquisition on the agreed terms.

When should you use Board Minutes - Approval Of Acquisition?

• A private company limited by shares is buying all of the issued share capital of a target company.
• You want short form board minutes to approve the transaction and authorise completion steps.

Choose the right version

If you need a longer set of minutes to approve a share acquisition, see Share Sale Board Minutes of Buyer.

Board Minutes - Approval Of Acquisition is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.