'Mr Malone’s financial stake in the company and preference not to merge his premium-branded telco with low-cost carrier TPG were seen as key hurdles preventing iiNet’s sale. But his sale of $28.5 million worth of iiNet shares in August 2013 and leaving the company could make the prospect more likely.'
I think this pretty much sums up the recent price action of IIN and TPM
IIN Price at posting:
$7.82 Sentiment: Buy Disclosure: Held