Replies to post #744169 on Mr Cooper Group Inc fka COOP

[JusticeWillWin]

Wrong, because you get the $2 on top in any case, that's why you have to subtract it from 11 x RKT PPS to compare the "values".

It should be 14.64 X 11 + 2 = 163.04.

[JusticeWillWin]

clawmann, you are right, the $2 will be paid prior to the closing of the deal and even if it may reduce the COOP PPS by that amount, it doesn't matter, of course the exchange ratio of 11 RKT shares for one COOP share is fix, and so I shouldn't have subtracted the $2 from the equivalent COOP PPS.

Sorry for the confusion!

It should be 14.64 X 11 + 2 = 163.04.