Replies to post #427413 on Mr Cooper Group Inc (COOP)

[hotmeat]

I'm not sure what to make of it either (my comment)



posted on Monday, 06/22/15 03:34:44 PM by the pyramid ........


"Email by Brian Rosen on the WMILT-Target matter...

Got this mail back some minutes before. Maybe something is clearer right now ?



Quote:

Thank you for your email. The documents do not permit or contemplate a merger transaction. However, the Trust documents do permit the Trust to sell its assets for purposes of liquidation and distribution of the proceeds thereof to holders of the Trust’s beneficial interests.




Brian S. Rosen
Partner

Weil, Gotshal & Manges LLP
767 Fifth Avenue
New York, NY 10153
[e-mail]
[phone] Direct
[phone] Mobile
[phone] Fax "