Mr Cooper Group Inc (COOP)

[boarddork]

Maybe the Acquisition of NSM had to occur and close first, before any other movements that could jeopardize said M/A?

I'm thinking this could be akin to a house closing. For example, all paperwork is signed by all parties in escrow, money is escrowed by 3rd party closer for release upon completion of all signatures and documents, etc....are completed. The keys to the house and the funding proceeds dont go thru until 24-48 hours after the technical closing is documented and recorded.

If the homebuyer takes out new debt like a car loan just prior to closing, the lender can pull the deal. If buyers paperwork significantly changes, the lender can pull out of the deal.

I think the Acquisition of NSM was a critical, but simple step - that had to be completed on its own 2 feet first before all else. We had to nonchalantly get inside, close and lock the door.....before the party starts.



Just thinking that any major 'Newco' events, S4V, etc. could never occur amidst the closing of a significant acquisition involving multitudes of shareholders anticipating a 'particular' value that their exchange is based on. There were lawyers already banging the lawsuit drum.....

The LT delays in reporting are telling.

I think this will be a slow week until the new LT filings are in.