Mr Cooper Group Inc (COOP)

[jwnoble3]

Anyone attending the shareholder meeting in NY?

I think they are going to complete the corp move to DE first before any other M&A news...
http://ih.advfn.com/p.php?pid=nmona&article=65782679

PROPOSAL 3
APPROVAL TO REINCORPORATE WMI HOLDINGS CORP.
FROM THE STATE OF WASHINGTON TO THE STATE OF DELAWARE
The board of directors has unanimously approved and recommends to the Company’s shareholders this proposal to change the Company’s state of incorporation from the State of Washington to the State of Delaware. If the Company’s shareholders approve this proposal, the Company will accomplish the reincorporation as described below.

The Reincorporation
On January 5, 2015 (the “Issue Date”), the Company completed the Series B Convertible Preferred Stock Offering, pursuant to which it sold 600,000 shares of its Series B Convertible Preferred Stock for aggregate gross proceeds of $600 million, pursuant to a Purchase Agreement with Citigroup Global Markets Inc. and KKR Capital Markets LLC, an affiliate of KKR Fund and KKR Management. The net proceeds from the Series B Preferred Stock Offering in the amount of $598.5 million were deposited into an escrow account, and, less payments of offering fees and expenses (including fees contingent upon future events) some of which has been released in connection with the issuance of the Series B Convertible Preferred Stock Offering, the deposited funds will be released from escrow to the Company from time to time in amounts needed to finance efforts to explore and fund, in whole or in part, acquisitions. Pursuant to the terms of the Series B Convertible Preferred Stock, the Company will be required to repurchase any or all outstanding shares of Series B Convertible Preferred Stock upon a failure to have, not later than July 5, 2015, the date that is 180 days after the Issue Date, reincorporated from the State of Washington to the State of Delaware.