Share Sale Board Minutes of Buyer
These are template board minutes of a buyer to record the minutes of a meeting of the board of directors to approve the terms of the company purchasing the entire issued share capital of a target company.
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 company. These board minutes consider the matters that are usually covered in a share sale as well as the documents that are produced to the meeting, the approval resolutions and the filing requirements.
These are longer form board minutes. A shorter 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.
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