InvestorsHub Logo
Followers 75
Posts 8715
Boards Moderated 0
Alias Born 06/05/2014

Re: mordicai post# 509538

Saturday, 02/17/2018 12:06:48 PM

Saturday, February 17, 2018 12:06:48 PM

Post# of 726885
OK, then let's assume they know the PPS will be > $4 at the day of the merger without doing a R/S. So how does that match with the fixed 12.7xxx Shares instead of $18 in cash the NSH shareholders can choose for one NSH share. Then they get at least $4 x 12.7 = $50.8

Let's start buying NSH shares now wink

And according to the 8K the listing on the Global select market is a condition to the closing of the merger.

Consummation of the Merger is subject to various conditions, including, (i) the adoption of the Merger Agreement by the holders of a majority of Nationstar’s outstanding common stock; (ii) the approval of the Share Issuance by a majority of all votes cast by holders of outstanding shares of WMIH Common Stock and preferred stock (voting on an as-converted basis in accordance with WMIH’s amended and restated certificate of incorporation); (iii) the expiration or termination of the

applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended; (iv) obtaining required regulatory approvals as specified in the schedules to the Merger Agreement without the imposition of a condition that would have a material adverse effect on Nationstar and its subsidiaries, taken as a whole, following the Merger (“Burdensome Condition”); (v) the effectiveness of a registration statement on Form S-4 relating to the Merger; (vi) the approval for listing the WMIH Common Stock issuable in the Merger on the NASDAQ Global Select Market, subject to official notice of issuance; (vii) there being no law or injunction prohibiting consummation of the transactions contemplated under the Merger Agreement; (viii) subject to specified materiality standards, the continuing accuracy of certain representations and warranties of each party; and (ix) performance by each party in all material respects with its covenant



---------------------------------------------------------
- Just my personal opinion, no investment advice! -
---------------------------------------------------------

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News