Replies to post #522194 on Mr Cooper Group Inc (COOP)

[jhdf51]

Sorry for butting in here but I remember a number that was way less than what we have.

JHD

[hotmeat]

QUOTE: "The articles of incorporation and bylaws of New Holding Company will authorize (a) five-hundred million (500,000,000) shares of New Holding Company Common Stock, $0.01 par value per share; (b) authorize twenty million(20,000,000) shares of New Holding Company preferred stock for future issuance upon terms designated by the board of directors of the New Holding Company;"

OS was ~62M shares at the time of the merger with Sears.

[gg4]

Not sure about the shares but I remember they only had 17 billion dollars in assets while still in business. Big difference. If I remember correctly they came out of chapter 11 with nine hundred million dollars worth of property. Big difference. They did not have over a hundred hedge funds that owned markers. Big difference. This is not even close to what Kmart was this is a behemoth. Big difference, not even close.