Replies to post #474125 on Mr Cooper Group Inc (COOP)

[ValueActivist]

Companies announce letters of intent all the time prior to def agreement. I suppose it could be that, don't want to be a debby downer but I have my doubts. I think the 9 month redemption window is making it very difficult for them. If you were selling your multi billion company, wouldn't you want assurance the cash would be there as opposed to being used for redeeming preferred in 9 months?

[JusticeWillWin]

My WAG: IF they plan to announce an M&A in March because they have a deal ready, IMO they will do it via 8-K/PR before the conference call on Tuesday, which means today, tomorrow or Monday. It doesn't make any sense to have the conference call and make the M&A PR one week later. So my WAG is we will see an M&A announcement either before the CC or NOT in March, instead a short time before the shareholders' meeting, or even later and we will hear some excuses at the shareholders' meeting why it was impossible to find a new target within one year.

Maybe the agreements for an acquisition are to be executed Friday. Nothing to report until there is a definitive agreement signed. imo