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Re: Sam'd'Mil post# 16

Tuesday, 04/28/2015 2:42:28 PM

Tuesday, April 28, 2015 2:42:28 PM

Post# of 23
Tomorrow HLSS shares will be canceled.

Extract from PR of April 24:

Quote:

, on April 27, 2015. Following the payment of the Distribution Amount, HLSS intends to file a proxy statement in connection with a proposed merger of HLSS with a subsidiary of New Residential Investment Corp. ("New Residential"). Upon the consummation of the proposed merger, holders of ordinary shares of the Company at the effective time of the merger will receive an aggregate of approximately $50 million, or $0.704059 per share, and all shares of HLSS will automatically be cancelled.