Why did they walk away?JUst trying to get their loan money back?I really don't get it?
uhh dude they got more than their money back they got years of interest and a higher buyout than original investment. they just feel like their money is more aggressively invested in other companies (especially in china) than in talbots currently.
Dude,AEON only put in $250 million of debt at the time TLB sold J Jill. Until then they were equity holders,not debt holders.It doesn't look like they got paid for their 54% share ownership.