Wednesday, April 18, 2018 3:22:57 AM
The more I think about this merger the more perplexed I am in regards of how NATIONSTAR a leader in their industry sells for a minority stake of 36% to WMIH a shell with 4 employees that regains 64% of the new company. I mean Nationstar has 7600 employees...services a massive amount of mortgages & suddently they decide to sell the Business?
KKR & SOFTBANK must have something extremely solid on each side to decide to team up... but in our case WMIH & KKR must have something else other than $6 Billion in NOLs (1.2 Billion value) over the course of years to have convinced FORTRESS to give in their majority.
What do you guys think? are we missing something?
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