[AusNOG] TPG acquires iiNet

[Andrew Cox]

Where are you reading that from? There's option for them to do so but I
don't see it happening.

Also, the SMH article has been updated:

*The Australian Competition and Consumer Commission has already flagged a
public review of the takeover once both parties submit their proposals.*

*"We will call for submissions at that time and details will be posted on
our public register," the ACCC said in a statement. "The ACCC reviews
mergers and acquisitions which have the potential to raise concerns under
the Competition and Consumer Act 2010.*

*"The CCA prohibits acquisitions that would have the effect, or be likely
to have the effect, of substantially lessening competition in a market."*

- Andrew


On 13 March 2015 at 09:02, Dylan Chidgey <dylan.chidgey at cirruscomms.com.au>
wrote:

> Optus is putting in a counter offer, could get interesting!
>
>
>
> *From:* AusNOG [mailto:ausnog-bounces at lists.ausnog.net] *On Behalf Of *Chris
> Chaundy
> *Sent:* Friday, 13 March 2015 9:43 AM
> *To:* Noel Butler
> *Cc:* ausnog at lists.ausnog.net
> *Subject:* Re: [AusNOG] TPG acquires iiNet
>
>
>
> Not if the ACCC says "no".
>
> Sent from my iPhone
>
>
> On 13 Mar 2015, at 09:37, Noel Butler <noel.butler at ausics.net> wrote:
>
> Correct, but since the iinet board has unanimously accepted TPG's offer,
> its only a matter of paperwork now, so its as good as done deal.
>
> On 13/03/2015 08:33, Peter Lawler wrote:
>
> On 13/03/15 09:11, Andrew Yager wrote:
>
> TPG has acquired iiNet
>
> I think you'll find that this is a proposal and has not actually
>
> happened yet.
>
>
>
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