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11/13/17 9:36 AM

#436704 RE: bradford86 #436697

"fnf have no money to buyback warrants "



Brad,
Answer the below question, then you know the source of money to buyback warrants and Jr. Pref.

When NWS is revoked retroactively and SPS of $187.5B is redeemed as fully paid (because FnF have already paid back $276B, equivalent of $187.5B plus 10% interest) then what is the effect on FnF networth?