Ann: TPG to Acquire iiNet in a Recommended Transaction, page-59

Yesterday's announcement made my day, having averaged down recently - purchased more at $6.56, and then at $6.19

I have appreciated the commentary from those much more knowledgeable than I, so thanks everyone (even Te Te Te).

In the article that 6186mark posted, it mentioned the significant holdings of Michael Malone (over 5%) and the former Internode boss (3%). These lead me to wonder what would happen if some stakeholders choose not to sell - or Telstra/Optus buy 10% blocking stake.

What is the likely impact on IIN price, and on the larger competitive environment?