m_and_a
confidence high
sentiment neutral
materiality 0.75
Mr. Cooper stockholders approve merger with Rocket Companies; deal moves toward close
Maverick Merger Sub 2, LLC
- 50,553,665 shares voted FOR the merger agreement; 23,017 against; 123,555 abstain.
- Stockholders also approved advisory vote on merger-related compensation (30,630,560 FOR).
- Mr. Cooper stockholders to receive 11 Rocket Class A shares per COOP share, plus potential $2.00 pre-close dividend.
- Closing remains subject to satisfaction or waiver of remaining conditions.
item 5.07item 8.01item 9.01