Mr Cooper Group Inc (COOP)

[JMac9]

In this hypothetical $40B LT/wmih share example what interests me is the impact the 3.5B authorized additional wmih shares would have. It doesn't seem like $40B liquid LT balance could be handled with wmih shares alone. If there is a $40B liquid asset balance in the LT, then it would seem to me that part of the transaction might have to be cash to escrows. Unless the conversion price for escrow payment via wmih shares is an appropriate multiple of $1.75-2.35, like say $10.