About company: summing up

PROCESSES WITH COMPANIES
MERGER
SPIN –OFF
CONSOLIDATION
TARGET
ACQUIRER

EXAMPLES

The term 'spin-off' refers to any distribution by a corporation to its
shareholders of one of its two or more businesses

Minutes, also known as minutes of meeting (abbreviation MoM), protocols or, informally, notes, are the instant written record of a meeting or hearing.
Define chairperson – The chairperson for a meeting (otherwise known as the chair) is the person who has been appointed as the highest ranking officer at the event. The chairperson for a meeting presides over the event to ensure that participants are following the conventions of the meeting.

The Role of the Chairperson
In a more formal meeting, the chairperson will outline the purpose of the meeting and remind members why they are there.
In such a meeting there is little need to refer to this procedure as this is implicit in the established etiquette, namely:
The chair controls the meeting.
All remarks are addressed through the chair.
Members do not interrupt each other.
Members aim to reach a consensus.
A vote is taken if consensus is not reached.
The majority wins the vote.
All members accept the majority decision.