Replies to post #106939 on Mr Cooper Group Inc fka COOP

[buddygray]

How many shares of JPM does TPG have. I heared it was about 10% stake. Does this mean TPG has a seat on JPM board now?

[jhdf51]

I hope it's stock that way i can hold for Cap gains treatment and longer If I believe JPM will continue to grow into the future.

[fsshon]

I agree Brembo: If JPM was too do a CASH deal in this economy, it would really hurt their ability to leverage their existing cash. A stock swap would not even need shareholder approval, because of the authorized shares that are already approved for JD to use at his discretion. I have always leaned towards a 3:1 or 4:1 stock swap if the parent WMI even wants to settle. If they get their 4.4 billion back, they may decide they have more than enough $$$$ to litigate this thing in front of a jury and make JPM squirm. Hence JD announcing it was time to begin the succession process! BOD is very aware of what they are facing a stock swap and assumption of all debts would eliminate this probelm quickly. We will see what happens after THJMW lays down a decision on OCT22nd.
~Fish~