Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Does anybody truly understand why NSM, an NYSE company, wanted to merge with WMIH? What are the benefits to NSM? How did NSM sell this to their shareholders (93% voted in favor of the merger)? Also, at the present time, I don't see any connection between this merger and escrows. Am I missing something?
inportlandd, you are so right on. Hope it's coming soon.
lodas, I guess if THJMW and Susman indicated their possible satisfaction of escrows it might have been worth the wait. But it's sure has been a long time coming.
lodas, I value your opinion. I'm pretty sure you have some escrows. What is your feeling, at the present going into the merger, about the future scenario regarding escrows? Do you feel that an escrows "payday" is "just around the corner"? If so, in what form do you foresee?
Which influential players endorsed signing the releases? Didn't Susman and Willingham endorse signing the releases? If so, we sure haven't heard much from them on the escrows for a long time.
If an escrows distribution of some kind is connected to the merger, why wasn't it spelled out in the proxy and before the vote?
fredmiller, if I missed the link for this, please repost it. Specifically, the "Wand" part of the merger. thanks.
"NATIONSTAR, WMIH AND WAND MERGER CORP WILL MERGE TOGETHER"..
Large Green, this almost seems too logical. lol. "I believe the “share for asset” event will happen as NSM CEO Jay Bray mentioned, they will be pursuing asset purchases and not necessarily “platform” purchases and/or mergers, so it stands to reason they (WMIH) will buy the “BENEFICIAL INTERESTS” that Escrow ShareMarker investors own to further exploit their tax free (Tax Attributes/NOLs) returns."
With the appreciation potential of WMIH, a 1 for 1 swap would "work for me". An additional cash distribution, would, obviously, "sweeten" the deal. But I feel I'd be fine with just a 1 for 1 swap.
LG, IYO, will the escrows payment distribution be revealed by the end of August 2018?
Large Green or anyone, how feasible would a 1 for 1 distribution be? 1 WMIH share for each escrows share. About how much $ for the total amount of escrows distributed would that amount to in billions?
By the merger's calendar of scheduled events, when could there be an indication that escrows have an involvement in the merger? If not, will we just continue to hear nothing?
Does "Wand" involve escrows directly or indirectly?
hotmeat and jerry, so why does NSM want to merge with WMIH? WMIH doesn't really have impressive assets. Or DO they?
fredmiller, it really does make almost TOO MUCH sense. Are you in the WMIH shares for escrows' assets camp as a integral part of the merger?
If escrows have assets that are involved in the merger, it would matter. Isn't that what some are speculating?
The better question, what are the chances of an escrows announcement before the merger?
Any chance for an escrows announcement by June 29, 2018?
AZCowboy, from what I gather, you feel there will be an escrows distribution of some kind before the merger. Is this correct? If not, please clarify this for me. I am especially interested in escrows commons.
That has bothered me concerning escrows. The lack of transparency and communication. I just couldn't understand all the silence about if we had assets coming or not. Some direction would have been nice.
fredmiller1999, so you have substantiated proof that their is at least 20 Billion "in the kitty" for escrows?
Large Green you mention a "Shares for Assets". How realistic is a 1 for 1 exchange for SH assets? I understand the value of WMIH will be $1.41 upon the merger. About how many billion in assets would that amount to (around 10B?)If escrows get 1 share WMIH for 1 escrows share, considering the potential appreciation of the merged WMIH, would most escrows holders be satisfied with this escrows payment distribution? I'd like more of an initial payment distribution. However, this type of deal might be very lucrative, long-term.
So diamondguru-one, does that mean you would be "OK" with this?
"escrows get 1 share WMIH for 1 escrows share, considering the potential appreciation of the merged WMIH".
wowalters, please elaborate on this, "It is possible, but the PPS of WMIH would have to do a K-Mart before 9-26-18."
wowalters, from that post I gather that this wouldn't suffice for an escrows distribution;
How realistic is a 1 for 1 exchange for SH assets? I understand the value of WMIH will be $1.41 upon the merger. About how many billion in assets would that amount to (around 10B?)If escrows get 1 share WMIH for 1 escrows share, considering the potential appreciation of the merged WMIH, would most escrows holders be satisfied with this escrows payment distribution? I'd like more of an initial payment distribution. However, this type of deal might be very lucrative, long-term.
How realistic is a 1 for 1 exchange for SH assets? I understand the value of WMIH will be $1.41 upon the merger. About how any billion in assets would that amount to (around 10B?)If escrows get 1 share WMIH for 1 escrows share, considering the potential appreciation of the merged WMIH, would most escrows holders be satisfied with this escrows payment distribution? I'd like more of an initial payment distribution. However, this type of deal might be very lucrative, long-term.
jerry, so these assets in SH are destined for escrows? And the long wait was to authorize, legally, the distribution of these assets. Who else could possibly be owners/beneficiaries other than escrows holders?
Would Washington Mutual still have been seized if all these apparent assets were not in safe harbor? Evidently, it would have added billions to Washington Mutual's bottom line.
The thing about it, Dmdmd2020 has some interesting, supportive numbers that just may back it up. Will make for interesting speculative discussion both yay and nay.
$28.09 are coming to escrows commons per share. Is this what Dmdmd2020's calculations reveal?
diamondguru-one, are you dreaming?
Large Green and diamondguru-one. really like your optimism. To echo Thundergulch, SHOW ME THE MONEY. It's been a long, long time without any REAL evidence of that.
Very good insight, lodas.
If escrows get "skunked" (no further distributions), will there be some kind of official announcement as such?
So there's verification that $86B is missing? I would be ecstatic to see that $86B supported by evidence.
Is there a chance there may be escrows news before the merger? If so, what's a possible scenario?
I just hope the upcoming merger developments finally bring some escrows activity. It's long overdue! Hopefully, the merger and escrows are connected, somehow, in a positive way for escrows.
So WMIH wouldn't lose their NOLs by exchanging WMIH shares for the Equity Interests of escrows' assets? I believe I saw that theory yesterday.
How many escrows holders would be content with .54 per share?
So are escrows going to get 2.7 Billion? How much would that calculate to be per escrows share?