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Re: AZCowboy post# 693518

Thursday, 08/11/2022 11:58:24 AM

Thursday, August 11, 2022 11:58:24 AM

Post# of 730577
~ Um, ... ? ... These Are The WMIH CEO's Words' ... ? ... Now, NasDaq's "COOP" ? ~

https://www.sec.gov/Archives/edgar/data/933136/000119312518042877/d482996d425.htm
... pretty cooooool' trick, ... IF' ? ... I may say so myself ... how was that done ? ...

Now I will take you through some of the details of the transaction. Under the terms of the agreement, Nationstar’s shareholders may elect to receive $18 in cash or 12.7793 shares of WMIH common stock for each share of Nationstar common stock.

This is subject to an overall proration to ensure that 68 percent of Nationstar’s shares are exchanged for cash and 32 percent are exchanged for stock consideration. Upon completion of the transaction, Nationstar stockholders will own approximately 36 percent of the combined company and WMIH stockholders will own 64 percent.
WMIH

Moderator: Bill Gallagher

02-13-18/ 9:00 a.m. ET

Confirmation # 6499125

The aggregate consideration payable to Nationstar stockholders will consist of $1.226 billion in cash and 400.7 million WMIH shares. In addition, approximately $1.9 billion of Nationstar’s existing senior unsecured notes will be refinanced at closing with $2.75 billion of new financing commitments. Please refer to this morning’s press release for additional details.


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... So, pretty much ALL of the Cash was used as well as MORE f-n Shares That Were Being Reported Per The SEC 10-Q and 10-K Reports ... ? ... whats up'

just askin' ... ? ...

AZ
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