Mr Cooper Group Inc (COOP)

[hotmeat]

The other option was negotiating with AAOC to only allow Preferred (PQ, KQ and TPS) to receive shares of the Newco and any benefits from the LT. Commons would have received NOTHING and be permanently cancelled!!! This could have possibly happened if both Preferred and Commons were represented by separate counsel. In any event this is now irrelevant since it's a done deal with no do-overs.