Board minutes: business purchase buyer
Minutes of a meeting of the board of directors of the buyer in a business purchase transaction
A corporate purchaser in a business purchase transaction should hold a board meeting at which certain matters are approved.
These matters include:
- the approval of the purchase of the target business and assets by the buyer
- the approval of the Business Purchase Agreement and its principal terms
- the approval of other documents entered into by the buyer as part of the transaction
About these Board minutes
These minutes are for a meeting of the board of directors of a purchaser company in a business purchase transaction.
- Declaration of director’s interest (if applicable)
- to approve the acquisition of the target business and assets and the principal terms of the transaction
- to approve the Business Purchase Agreement and other documents to be entered into by the buyer as part of the transaction
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