Mr Cooper Group Inc (COOP)

[WithCatz]

Unknown. Three schools of thought, all valid.

1) We don't have a deal ready enough to warrant a PLR request -- a PLR must be very detailed, because it is a 'binding' answer on the IRS -- it can't be just a "well, what if this, and what if that..."

2) We have something together, and the PLR is in process -- perhaps already in the IRS hands, or even with an answer -- PLRs get 'sanitized' and published many weeks {forgot how many} after the fact.

3) The BoD is considering something that is established - virtually beyond a shadow of a doubt - that has precedent, etc and doesn't require a PLR.

...Catz

P.S. RE #3 -- even if that's the case, I STILL would like the BoD to do a PLR -- it's just to much NOL on the line for the IRS to determine after-the-fact that the NOLs are invalidated because a technicality {and because we didn't get a binding PLR}