Paul Weiss, Rifkind, Wharton & Garrison is guiding online mortgage provider Rocket Cos.’ plan to buy Mr. Cooper Group Inc. in an all-stock deal is valued at $9.4 billion.
Wachtell, Lipton, Rosen & Katz and Alabama-based Bradley Arant Boult Cummings aided loan service provider Mr. Cooper. “Servicing is a critical pillar of home ownership,” Rocket CEO Varun Krishna said in a Monday statement.
Rocket has been a lucrative client for Paul Weiss in the first quarter of the year. In March, a firm team led Rocket’s plan to buy Redfin Corp. for $1.75 billion.
In the Mr. Cooper transaction, the ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.