Replies to post #508922 on Mr Cooper Group Inc (COOP)

[Johnnyiwantsome]

And there is the sausage/ As I stated it all happens at once. Case closed!
Reverse Triple merger.
Merger regards,
B

[hotmeat]

Wrong again!!! The $2.75B is referring to the cost of the buyout of NSM's equity interests, it's in the documents ($702M + approx. $1.9B).

In any event the owner of WMIIC's equity interests were NOT Escrows but was WMIH as proven a million times on this board.

The same errors are being made over and over again by incorrectly interpreting and mislabeling clearly laid out information.

SMH!!!



Quote: "The aggregate consideration payable to Nationstar shareholders will consist of $1.2 billion in cash and WMIH shares currently anticipated to be valued at approximately $702 million. In addition, approximately $1.9 billion of Nationstar’s existing senior unsecured notes will be refinanced at closing. WMIH has secured $2.75 billion of financing commitments in connection with the transaction."

[forestflanigan]

If this is the case and I own escrows but no longer invested in WMIH, does one have to reinvest in WMIH to collect from my escrow markers? Or will escrow holders be issued new shares of the merged entities?