Mr Cooper Group Inc (COOP): "... When you look at the "big picture"...

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Mr Cooper Group Inc (COOP)

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Re: fsshon post# 409026

Thursday, 11/27/2014 4:33:40 PM

Thursday, November 27, 2014 4:33:40 PM

"... When you look at the "big picture" you can see it benefits KKR shareholders in terms of 2015 profits to exercise the warrants as near the strike price as they can get."

The price was recently around $1.50. Why didn't they exercise the warrants then? When the KKR deal was first announced the PPS was under $2.00. Why didn't they exercise the warrants then? So, now we are at $2.00 and they will have to pay even more taxes if they exercise now. Does that mean the price will be lowered yet again to give them yet another chance to buy at the lower PPS?

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