Name: Shell Company Stuffed with NOLs Agrees to Buy Nation’s Third Largest Servicer in a Feat of Financial Engineering
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SKU: 239023
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Home » Store » IMFnews » Shell Company Stuffed with NOLs Agrees to Buy Nation’s Third Largest Servicer in a Feat of Financial Engineering

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WMIH Corp., a shell company whose chief asset is tax losses, this week agreed to purchase Nationstar Mortgage for roughly $1.68 billion in cash and stock.