M2 Group makes $1.5b offer for iiNet

Updated April 27 2015 - 9:13am, first published 9:03am
iiNet founder Michael Malone has been leading a shareholder revolt against the deal. Photo: Bohdan Warchomij
iiNet founder Michael Malone has been leading a shareholder revolt against the deal. Photo: Bohdan Warchomij

Internet service provider iiNet looks to be the subject of a bidding war, with rival M2 Group lobbing a $1.5b bid, reports the Australian Financial Review.

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