Mr Malone, who founded the telco in his parent's Perth garage in 1993, had been a firm opponent to TPG's original $1.4 billion all-cash bid in March but said the iiNet board had drawn out a better offer after listening to shareholder concerns.
What is the relationship between 'iiNet' and 'Perth' in the context of the input sentence.
Options: location of formation, headquarters location, publisher, owned by