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JusticeWillWin

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JusticeWillWin

Re: cura asada post# 443968

Monday, 01/18/2016 2:15:06 AM

Monday, January 18, 2016 2:15:06 AM

Post# of 731818
A Reverse Merger is not possible

From your qoute:

...The private company obtains the majority of the shells stock (usually 96 percent or more)...



That would void WMIH's NOLs because of an ownership change...

WMIH must buy a target company (probably out of KKR's hands), that's the only possible solution IMO
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