TPG acquired iiNet for 1.4 Billion AU dollars

Absolutely out of no where, I heard colleagues talking about iiNet acquisition this morning after I stepped into the office.

Firstly, one colleague came to us say “HiFI”, and others are applauding.

Then several minutes later, majority of people are discussing about the stock price. Saying they should buying more beforehand.

It turns out the stock price really rock up from 7.4 to 9.1 (17:03 at Syndey time 13rd March, 2015).

What a shocking news. This is a Capital Game!