Large Green, please help me understand this. IYO, Bonderman and the rest of us escrows commons will be getting a ratio of 5.4 COOP for 1 escrows share? Or is it the other way around? Thank you very much for your effort to TRY to figure this out.
Our 20 Wmih share has been RS to 20/12=1.67 COOP share. You mean 1.67 coop share will comes out 1.67 x 5.4 = 9.018 shares of coop??? How does it come out with that figure ? How about 299B in FDIC’s hands? Now we can only get one FV return? Tia