Replies to post #709618 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

COOP has MORE THAN ENOUGH CASH to complete this deal in CASH ONLY :-)

Mr. Cooper Group to Acquire Home Point Capital for $324 Million in Cash

Assuming the 5% Home Point Senior Notes along with the acquisition is also a GREAT DEAL!

DALLAS--(BUSINESS WIRE)--Mr. Cooper Group Inc. (“Mr. Cooper”) and Home Point Capital Inc. (“Home Point”), announced today the signing of a definitive agreement for Mr. Cooper to acquire all outstanding shares of Home Point for approximately $324 million in cash. As part of the transaction, Mr. Cooper will assume $500 million in outstanding Home Point 5% senior notes which are due in February 2026.

Your post:

Where is coop going to get the money…….could we get interest payments……let them buy