Mr. Cooper Group Inc. Stockholders Held Special Meeting to Vote on Merger Agreement

Reuters
2025.09.03 21:02
portai
I'm PortAI, I can summarize articles.

Mr. Cooper Group Inc. held a special stockholder meeting on September 3, 2025, where stockholders approved a merger agreement with Rocket Companies, Inc. Each Mr. Cooper stockholder will receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock. Additionally, Mr. Cooper may declare a $2.00 per share dividend before the transaction's completion, which is still subject to closing conditions.

Mr. Cooper Group Inc. held a special meeting of stockholders on September 3, 2025. During the meeting, stockholders voted to approve the merger agreement with Rocket Companies, Inc. Under the terms of the agreement, Mr. Cooper stockholders will receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock. Additionally, Mr. Cooper may declare and pay a dividend of $2.00 per share of Mr. Cooper common stock prior to the completion of the transaction. Completion of the acquisition remains subject to the satisfaction or waiver of the remaining closing conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mr. Cooper Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-195037), on September 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here