Replies to post #229632 on Mr Cooper Group Inc (COOP)

[nnich19]

uzual (or anyone with an answer),

First off, thank you for posting that. Had a question about it tho...

Based on what I (think I) understand,

Fair Value of net assets-Purchase Price (1.9B)=Negative goodwill

so if

non financial writedowns (31B)+extraordinary gains (1.906B)=Negative goodwill (32.906B)

then

Neg goodwill (32.906B)+purchase price (1.9B)=Fair Value (34.806B)


My question is what about that series of equations changes when:

"The allocation of the purchase price to the net assets acquired (based on their respective
fair values at September 25, 2008) and the resulting negative goodwill may be modified through September 25, 2009, (or Aug 30th) as more information is obtained about the fair value of assets acquired and liabilities assumed."


... apologies for the equations, its just how this guy's brain is put together :)

Thanks!