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Re: boarddork post# 464188

Friday, 10/07/2016 5:00:08 PM

Friday, October 07, 2016 5:00:08 PM

Post# of 728594
Speaking of the failed acquisition....Has it been discussed here if the acquisition failure was due to the fact that the entire BK process had not been finalized as our BOD had expected so WMIH did not have the resources to make the acquisition so the target backed out. And, currently there has not yet been an acquisition because the BOD is still waiting on the process to be finalized and all disbursements to occur so that they have maximum assets available.

Sorry if this has been discussed or so obvious it's not worth discussion.
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