Mr Cooper Group Inc (COOP)

[Evintos]

35 stores - $1.2 billion if not more in value (reported by Reuters) is not bad (imo). They apparently want to expand. Combining KKR with WMIH NOLs to expand business. $6 billion tax free to rapidly expand business is not a bad way to go.

When the company first announced it was seeking a buyer, Mills III said Fleet Farm reached a point where, in order to continue to grow at a speed to be competitive, it needed to look for outside sources for capital and couldn’t continue to solely finance growth by itself. The next generation of the family, which would have represented the fourth generation in the family business, are still young children, Mills III noted. Mills III said the company could sustain a much slower growth rate as it existed, but they were convinced Fleet Farm had greater business potential.

As for operating division of a public company... Fleet Farm seems like one operating division (according to wikipedia) of the Mills family business (which also owns Mills Automotive Group - not included in sale).

As far as public company - don't think Mills Fleet Farm was. Well, they did business with the public...


--------------
Anyways KKR + WMIH + MFF = still conjecture.