Board Minutes - Approval Of Acquisition
These board minutes approve the terms of an acquisition by a company of the entire issued share capital of a target company, authorising the directors to give effect to the acquisition on the terms set out in the share sale agreement.
When the buyer in a share purchase transaction is a company, it will usually need to hold a board meeting to approve the transaction. These board minutes are suitable for a private company limited by shares purchasing the whole of the issued share capital of the target.
These are short form board minutes. A longer set of minutes to approve a share acquisition are available here.
These board minutes are in open format. The requisite details should be inserted into the highlighted fields or the wording can be adjusted to suit your purposes. Wording in square brackets is optional. If it is required, then the brackets should be deleted and the wording within them retained. If the wording is not required, then it can be deleted.
Once you have subscribed to the Corporate Document Folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.