Mr Cooper Group Inc (COOP)

[MadBadger]

With The 1031 Exchange the Assets are Realized but they are Not recognized. So they(Assets) are there but in order not to pay taxes they Are Not Recognized. Also in Order for the Merger transaction to be Done Properly the Assets may be liquidated for cash but they have to be placed in a Qualified Intermediary to hold. The tax payer can never have his finger prints on the cash- not to spend, not to borrow against nothing. The tax payer has 45 days to identify a replacement property and complete a form with the identification information. After that th tax payer has a short time to close on the replacement property, for which the funds in the hands of the qualified intermediary may be used, if done exactly right the taxes are deferred. It there in the writing. This was Planned way before, why create the Exchange 2 years before declaring Bankruptcy?