Ann: TPG to Acquire iiNet in a Recommended Transaction, page-58

I was thinking that if there were any lock-in, lock-out, break-free, trigger events in the buy-out offer that I was referring to.

With this one I gather it is a friendly takeover and as such most of the terms and arrangements and Board consents would have been setup before the announcement as such there will be little appetite or interest from another bidder. Unless it is an aggressive bid and then the game changes and I hope if there are lock-outs the Directors of IIN have some "fiduciary responsibility" type exit clause in the current agreement with TPG to allow them to pursue any other offer.

I just can't see one coming forth, but time may well prove me wrong. I hope the ACCC supports this takeover.