iiNet has been placed in a trading halt ahead of a vote this morning on the ASX-listed Internet service provider's acquisition by TPG.
iiNet shareholders will vote on TPG's offer at 10am WA time — 12pm AEST.
TPG's initial cash-only offer was replaced by an offer that included the option of either cash or a capped quantity of TPG shares
The revised offer received the unanimous backing of iiNet's board.
iiNet revealed last week that the offer of TPG shares had been subject to scale-back due to demand among iiNet shareholders.
The Australian Competition and Consumer Commission is examining whether the acquisition could have a negative impact on competition in the broadband market.
The ACCC revealed in June that its preliminary view is that the acquisition could lead to a substantial lessening of competition.
High-profile critics of the deal have included iiNet's founder, Michael Malone.
TPG has said that if the acquisition is successful, iiNet will live on as a premium brand.