Mr Cooper Group Inc (COOP)

[warcton]

<how can it be that this supposed settlement can be so complicated that no one here can put numbers to it>

Equity knows what they are getting in the settlement.

Basically 70% to preferred and 30% to common.

Equity isn't being cancelled, but will receive total(95%) ownership in the reorg company.

The "numbers" won't really be known, publicly, until after confirmation of the plan.

Equity must either vote to approve the plan and receive shares in the new company, or vote against the plan and receive nothing.