February 27, 2018 / 10:38 PM / 8 months ago

BRIEF-PHH Corp To Be Acquired By Ocwen Financial For $11/Shr

Feb 27 (Reuters) - Phh Corp:

* PHH CORPORATION ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY OCWEN FINANCIAL CORPORATION IN AN ALL CASH TRANSACTION

* PHH CORP - DEAL FOR ‍$11.00 PER FULLY-DILUTED SHARE​

* PHH CORP - ‍OCWEN WILL ASSUME $119 MILLION OF PHH'S OUTSTANDING UNSECURED DEBT​ Source text for Eikon: Further company coverage:

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