Replies to post #637137 on Mr Cooper Group Inc (COOP)

[AZCowboy]

~ ADDED’, It’s For These Reasons I’ve Posted, and Others’, That “WMIH” Has Maintained Its Position As The “Parent Corp” NOW’, And During the “Acquisition” Of NationStar’, So As NOT TO ACTIVATE A Possible Ownership Change ~

WMI Then and WMIH now, ... all common shares’ ...

AZ

[mufa]

Great summary AZ. Thank you

[cassiecasa]

Royal Dude, AZ, and Andy
Now I am confused again.
I thought when we signed releases the 75/25 structure in the release agreement superceded the original structure of fixed and not fixed shares. I thought in lieu of us being paid what the values of the shares were, the purpose was a splitting of the differences going forward. That preferred and common now are part of the waterfall. Commons could have been treated secondarily to preferred. instead we are all equal other than the 75/25.
I also thought that 2.5 actually goes to coop and that is taken from escrow common.
Please explain in layman's terms. Thank you.

[The Japer]

Thank you, AZ Cowboy, for your research and posts to keep us informed!