Replies to post #500902 on Mr Cooper Group Inc (COOP)

[newflow]

Ofcourse as it is concerned with WMIH and KKR.

KKR wants to get the entire estate for free.

BOD is obviously very friendly with KKR by issuing convertible preferreds.

And above all, they changed the terms with KKR and others extending the deadline to some where in 2019.

The CEO was issued several million shares, and there is a reason they drag that far.

I read the whole document again and found a specific date which i wanted to share.

Its all JMO with DD.

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On a separate note, i guess the old equity might see some light before 31st Dec, JMO.

Its an opportunity and it needs patience.

But KKR imho is circling around WMIH and its shareholders.