Before everyone gets too excited, a MB with 1.5 billion in debt and interest to service will not be the same as it was. Prices will have to go up. Negative effects will happen. Building new stores may not be possible for a long time. The people that finance the 1.5 billion may have their own demands for solid investment returns, not dissimilar to what ASD was demanding.
ASD was counting on the fact that ATD would not want to let the business he has built be destroyed. He forced this confrontation and the buyout. He apparently doesn't care if 61 stores close. That's his leverage.
It is yet to be seen if MB can survive under the new conditions. ATD will be struggling for quite a while. And ASD and his supporters pocket 1.5 billion and walk away. Probably just what they wanted.
The judge that awarded ASD controlling interest should be....
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