Replies to post #526676 on Mr Cooper Group Inc (COOP)

[gg4]

I have the same opinion, WHAT OTHER THINGS??????????

[fixedops]

Bob, as I said before I am open to the idea of a S4V but one thing sticks in my head.

WMIH sold 1.7B in notes to finance the merger. looking at it from a business point, why did they have to do that?

I would think it would have been easier to Buy or (S4V) 2B from equity assets to finance the merger and at the same time it would have kept the 51% ownership in play. Im probably missing something here but it would seem logical to do that IF it's legal.

So imho we see a S4v swap maintaining the 51% ownership of share holders here or the merger does not happen as an ownership change would have taken PLACE and BRAY goes to jail for not being up front with his shareholders that WMIH had nols,THAT IT WAS GOING TO LOSE BY NOT ISSUING additional shares to maintain the 51%