Mr Cooper Group Inc (COOP)

[warcton]

Informed people on this board knew that the reorg was going to be extended!

Deadline for the reorg was tomorrow, the 21st, the summary judgement for the 4bil is up for a court ruling on thursday, the 22nd.

We, as well as many others, knew that the reorg could not be efficiently done the day before the 4bil ruling!

If anything, I feel more secure knowing that the commons will not be canceled for the next few months since the next reorg hearing isn't until next year.

If(when) we get the 4bil, the delay in reorg will give our legal team more time to obtain the other assets and allow for a greater chance of a settlement before the reorg.