Seeking Alpha

Former WaMu soars after KKR investment

WMI Holdings (WMIH +28.2%) - formerly WaMu and now in the business of managing the lender's legacy reinsurance business - gets its downside capped after KKR agrees to invest about $160M in the company at prices from $1.10-$1.43 per share.

Press release

Comments (1)
  • jobehro
    , contributor
    Comments (504) | Send Message
    After the run-up why the down turn?
    12 May 2014, 07:44 PM Reply Like
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