Replies to post #429849 on Mr Cooper Group Inc (COOP)

[td31]

i would try our legal team. they can get u an official answer.

[JusticeWillWin]

And here a second example:

PDF page 11: http://www.frbsf.org/economic-research/files/84-2_16-30.pdf



The winning bidder acquires the bank (at book/market value according to Schedule 3.2 IMO), and pays a preimium for it (which is the bid amount IMO, the $1.88 bln.)

[mypenneys]

That was a very interesting read thanks

[zeus_0100]

The fdic auctioned off the wmb, jpm agreed to the req. payment of $50,000,000 plus a bid of $1.88 Billion. The bid was accepted, and jpm has paid it in full. the assets list calling for book value, was deemed by the fdic that book value was equal to jpm's bid, closed, shut, and done, the WMB is gone for good!

[wwhatthe]

Excellent DD and Insight...Thank You