Mr. cooper group to acquire home point capital for $324 million in cash

Dallas--(business wire)--mr. cooper group inc. (“mr. cooper”) and home point capital inc. (“home point”), announced today the signing of a definitive agreement for mr. cooper to acquire all outstanding shares of home point for approximately $324 million in cash. as part of the transaction, mr. cooper will assume $500 million in outstanding home point 5% senior notes which are due in february 2026. the transaction is expected to close in the third quarter of 2023, subject to customary closing co.
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