Mr. Cooper Group Inc

NASDAQ:COOP   9:38:27 AM EDT
44.53
+0.71 (+1.62%)
Mergers / Acquisitions

Mr. Cooper Group Announces Sale Of Title365 For $500 Mln

Published: 03/15/2021 13:08 GMT
Mr. Cooper Group Inc (COOP) - Mr. Cooper Group Announces Sale of Title365 for $500 Million.
Mr. Cooper Group Inc - to Sell Title365, to Blend Labs, Inc. for $500 Million, Consisting of $450 Million in Cash and a Retained Interest of 9.9%.
Mr. Cooper Group Inc - Expects to Record an After-tax Gain of Approximately $350 Million.