Mr Cooper Group Inc (COOP)

[Billiam_2]

Dividends (if paid) and settlement monies will go to shareholders of record at time of event. There simply will be a halt to the stock and it will reopen based on the settlement figure. If it is a stock swap, we will trade at a price the MM's set until such date as to commence the share exchange. If it is cash same can be said and we will receive offers from various interested parties to buyout WMI. Share value will increase as competitve bidding over the cash rich bones of WAMU comes to a conclusion. THJMW will have to approve any such deal, however, as long as all creditors get paid she would most likely leave WMI fate to WMI. WMI could elect to come out of BK and reinvent itself into a new banking entity. With $52B cash the possibilities are endless.