Mr Cooper Group Inc (COOP)

[wamutrader]

TENDER OFFER:

This means cash is going to be offered/exchanged for stock or escrow markers period.

EXCHANGE OFFER:

This means value for value exchange of a non cash transaction or stock exchange.

Either can mean the company will be taken private or merged or paid out/bought out per prior arrangement between company and behind the scenes parties.

>>> I have been through a TENDER OFFER before when I owned stock in a Shipping Company and was bought out by Chinese firm. I received a large check in exchange for my stock and the US company was "DELISTED."