Mr. Cooper stockholders approve merger with Rocket Companies

Mr. Cooper Group Inc. (NASDAQ: COOP) stockholders voted to approve the company's merger agreement with Rocket Companies, Inc. (NYSE: RKT) at a special meeting held today, according to a company statement.

Under the merger terms, Mr. Cooper stockholders will receive 11 shares of Rocket Class A common stock for each share of Mr. Cooper common stock they own. The company may also declare and pay a dividend of $2.00 per share of Mr. Cooper common stock before the transaction closes.

The final voting results from the special meeting will be reported in a Current Report on Form 8-K that Mr. Cooper will file with the U.S. Securities and Exchange Commission.

The acquisition remains subject to satisfaction or waiver of remaining closing conditions before completion.

Mr. Cooper provides customer-focused servicing, origination and transaction-based services for single-family residences throughout the United States through its brands Mr. Cooper, Xome and Rushmore Servicing.

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