Sale To M2 Telecommunications
In June 2009, M2 Telecommunications purchased the Small & Medium Business division of Commander. M2 paid $19million for the acquisition
The Commander Centre Franchise chain was dissolved, with each individual Franchisee being required to sign a Deed of Release without compensation from Commander or its Administrators. The “Commander Centre” tradename was bought by M2 Telecommunications, who then appointed a select few Dealers to continue servicing the Commander-branded telephone systems.
Read more about this topic: Commander Australia
Famous quotes containing the word sale:
“People buy their necessities in shops and have to pay dearly for them because they have to assist in paying for what is also on sale there but only rarely finds purchasers: the luxury and amusement goods. So it is that luxury continually imposes a tax on the simple people who have to do without it.”
—Friedrich Nietzsche (18441900)