Doesn't appear to be a great deal other than temporarily boosting the share price just because an offer's on the table.
- 95c a share for the most worthwhile parts of the business
- all debts to be held by the remaining businesses
I'd say just float Domain and go from there. I reckon TPG will have to improve the offer by then.
Ann: Indicative Proposal from TPG Consortium, page-2
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