Share Sale Board Minutes of Buyer
These Share Sale Board Minutes of Buyer record a meeting of the board of directors approving the terms on which the company will purchase the entire issued share capital of a target company.
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 company.
They cover matters typically addressed on a share sale, including documents tabled at the meeting, the approval resolutions and filing requirements.
What does Share Sale Board Minutes of Buyer do?
It records board approval for the share acquisition and the relevant board resolutions needed to implement the purchase and associated actions.
What does Share Sale Board Minutes of Buyer cover?
- Approval of the terms of purchase of the entire issued share capital of the target company.
- Documents produced to the board meeting.
- Board approval resolutions to authorise completion and related actions.
- Filing requirements referred to in the minutes.
When should you use Share Sale Board Minutes of Buyer?
- A private company limited by shares is buying all of the issued share capital of a target company and needs longer form board minutes.
- You want board minutes that address the usual share sale meeting papers, approvals and related filings.
Choose the right version
If you need a shorter set of minutes to approve a share acquisition, see Board Minutes - Approval Of Acquisition.
Share Sale Board Minutes of Buyer is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.