Our board moves wrap includes Heather Zampatti, Paul Everingham, Andrew Milner, Barnaby Egerton-Warburton, Jenn Morris, Matthew Worner, Paul Graham-Clarke, Amber Banfield, and Ian Murray.
Cirrus Networks' board has continued to reject a takeover proposal made by Webcentral Group, which is now seeking to remove three directors of the local IT services firm.
The board of Cirrus Networks has rejected what is calls an inadequate takeover bid from Webcentral Group that valued the Perth-based IT services business at about $30 million.
The founder of ASX-listed IT company Cirrus Networks has stepped down from the company's board after undergoing heart surgery and forming plans to move overseas.
Recently-listed IT company Cirrus Networks has bought Amcom L7 Solutions for a knock-down price of $500,000, four years after current Cirrus directors Andrew Milner and Matthew Sullivan sold the business for $15 million.
Liberty Resources is ticking the remaining boxes on its list of requirements to be met for its proposed acquisition of Cirrus Networks, with an independent expert giving the transaction its stamp of approval today, ahead of a shareholders meeting next month.
Liberty Resources is set to proceed with its move into the IT sector, through the acquisition of Cirrus Networks, after taking the extraordinary step of having a board spill to hasten the removal of two directors.
L7 Solutions co-founders Andrew Milner and Matthew Sullivan have joined the board of Perth-based IT firm Cirrus Networks, while Liberty Resources continues due diligence on its reverse takeover of the business.
