Replies to post #509526 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

Is this also valid for the day of the merger, or a day later? I mean, couldn't they merge and then are allowed to do a R/S to bring the PPS above $4 and THEN list at the Global Select one day later?

Or do you think there is another reason why they are SURE the PPS will be > $4 on the day of the merger???

At page 66 of the Merger Agreement WMIH a/k/a "parent" , WMIH CANNOT do a split:

none of Parent and Merger Sub shall, nor shall Parent permit any of its Subsidiaries to:

(a) (i) other than dividends and other distributions by a direct or indirect Subsidiary of Parent to Parent or any direct
or indirect wholly-owned Subsidiary of Parent, declare, set aside or pay any dividends on, or make any other distributions
in respect of, any of its capital stock or other equity securities, (ii) split, recapitalize, subdivide, combine or reclassify any
shares of Parent Common Stock, Parent Preferred Stock, Parent Common Stock or issue or authorize the issuance of any
other securities in respect of, convertible into or in substitution for, outstanding shares of Parent Common Stock, Parent
Preferred Stock or Parent Common Stock, or (iii) purchase, redeem or otherwise acquire or offer to purchase, redeem or
otherwise acquire any Parent Securities or Parent Subsidiary Securities, except, in the case of this clause (iii), for such
purchases, redemptions and other acquisitions solely between Parent and a wholly owned Subsidiary thereof, or between a
wholly owned Subsidiary of Parent and another wholly owned Subsidiary of Parent;
(b) amend its certificate of incorporation, bylaws or other similar organizational documents;

[Greedy G]

~Excellent... I’m adding more!

[BBANBOB]

MORDI

""" for such
purchases, redemptions and other acquisitions solely between Parent and a wholly owned Subsidiary thereof, or between a
wholly owned Subsidiary of Parent and another wholly owned Subsidiary of Parent;
(b) amend its certificate of incorporation, bylaws or other similar organizational documents;""""


NOW HMMMMMMMMMMMMMMMMMMMMMMMM now anyone seeing WHY WAND WAS SET up?????

Now IF IF IF WAND received what WMAU 1031 HAD and IF IF IF it had trusts in it , THEN GUESS WHAT, there can be a share for value excahnge IMHO for the underlying assets to bring them back to WMIH, but they MUST be BOUGHT form MARKER holders IMHO

[jerrylev]

Yeah that's called cheating because R/S does not add value to a stock.

WMIH has to go up on its own merit to 4.