In fact most resistance to the deal was in Canada. Yes, another...

In fact most resistance to the deal was in Canada.
Yes, another indication that CMMC has been mismanaged for some time. Holders became weary of the debt. Regardless, the deal still favours CMMC in a big way. It just means their holders got fatigued.

Altona shareholders voted overwhelmingly in favour of the deal, something worth remembering.
You seem to image there's a correlation between objective reality about the true nature of the deal, and how fatigued holders were persuaded to vote. The best deal available at this time? Sure! But that doesn't mean holding out for a better deal wasn't a better strategy. Clearly it would have been. As time goes on this will become increasingly evident.

But people got fatigued. On each side. The deal favours CMMC over AOH holders, and AOH got persuaded to take the deal because of mismanagement. The deal was massively spruiked, at vast cost. It stinks. Even turkeys can be persuaded that Christmas is a great thing, given the right conditions.

Marvellous, innit?