Mr Cooper Group Inc (COOP)

[Andyg59]

Yes that is the likely behavior of the market price of the securities. But from the accounting perspective the restructure would be restored to the original point and shares issued to escrow holders. The market will then be able to begin monetarizing the NOL going forward through the infusion of value to the escrow shares with a conversion into commons with a dilutive effect. The IRS NOL will be utilized to mitigate their tax exposure as a result of current and future merger/takeov er activities. Again who wants to pay taxes any ways.