Nationstar Mortgage Holdings Inc. (NSM)

[danti]

WMIH Corp. finds its target in Nationstar Mortgage

https://seekingalpha.com/news/3330439-wmih-corp-finds-target-nationstar-mortgage?app=1&uprof=46#email_link


The former Washington Mutual, now with WaMu's legacy reinsurance business and essentially a special purpose acquisition company majority-owned by KKR, WMIH has about $600M of cash on hand and roughly $6B in net operating loss carryforwards which don't expire until 2032.

Nationstar (NYSE:NSM) owners can receive either $18 per share in cash or 12.7793 shares of WMIH common stock for each share of NSM they own. Nationstar shareholders will own about 36% of the combined company.

In toto, it's about a $4B deal. It's seen closing in H2.

I DEFINITELY WANT SHARES OF WMIH!! POTENTIALLY GROWING FAST AND FURIOUS TO $50/SH