Where such an undertaking has been given, the directors will need to consider whether the transaction in question requires shareholders' approval as a result.

The latest transaction requires approval from regulatory agencies and shareholders.

Double entry accounting means that each transaction requires the use of at least two accounts.

For this reason, Internet business and many other transactions require a more stringent authentication process.

A transaction of this type would require renegotiating the Whitney deal.

The transactions probably required a broker who would not suspect that a big deal was under way.

That's fine, but transactions like this should then require a majority of the minority shareholders to approve the deal.

The transaction requires the sports authority to repay the bank $283,000 a month.

The transaction required 19 pages of deeds and records.

It said the transaction required the approval of the boards of both companies and was expected to close next month.