Mr Cooper Group Inc (COOP)

[Evintos]

I don't see why there would be. Applies to Preferred B or converted preferred. It'd be like if I sold you my WMIH shares privately. The deal has nothing to do with WMIH.

There were no provisions to sell Preferred B/converted preferred shares. Now there is. KKR and Citigroup can exit out of their position in WMIH Corp if they wanted to now.


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A better example would be if I bought a car from a car dealership that car now belongs to me and I can do what I wish.

If I decide to sell my car to someone else, that transaction has nothing to do with the car manufacturer.