Replies to post #527725 on Fannie Mae-No Politics (FNMA)

[Always wondering]

Just basing off of Ackmans initial estimate. I also think there may be a conversion offering from commons to CSS which will add even greater value when/if Fannie/Freddie/FHFA take that business public.

Without any CSS/CSP conversion opportunity I could see a buyout offer being in the 80-125 range maybe?