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MR. COOPER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Mr. Cooper Group Inc. - COOP

1. Investigation into Mr. Cooper's proposed sale to Rocket Companies announced. 2. Shareholders may receive 11 Rocket shares per Cooper share; process scrutinized.

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FAQ

Why Bearish?

Investigations of sales often indicate potential undervaluation or issues; past examples include ABM Industries' shares declining during acquisition disputes.

How important is it?

The ongoing investigation could affect investor confidence in COOP's valuation and market position amid uncertainties.

Why Short Term?

Immediate concerns about the sale may induce volatility, with precedents suggesting market reactions to acquisition investigations can be swift.

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RKTABM
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mr. Cooper Group Inc. (NasdaqCM: COOP) to Rocket Companies (NYSE: RKT). Under the terms of the proposed transaction, shareholders of Mr. Cooper will receive 11.0 Rocket shares for each share of Mr. Cooper that they own. KSF is seeking to determine whether this consideration and the process that led.

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