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Two Harbors urges shareholders to back CCM deal for USD 12 per share at special meeting amid rival UWMC push

PUBT
Jun 22, 2026 at 11:00 AM
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Two Harbors Investment Corp. urged shareholders to approve the all-cash CrossCountry Mortgage (CCM) deal at USD 12 per share, warning that rejection could negatively impact stock prices. The board supports this offer over a rival proposal from UWMC, which was valued at approximately USD 5.18 per share based on recent trading data. Two Harbors noted it sought a revised bid from UWMC but received no updated engagement since the waiver window closed.

  • Two Harbors urged stockholders to vote FOR the CrossCountry Mortgage deal at its special meeting, warning a failed vote could hit the share price. * The board backed an all-cash offer of USD 12 per share, with a pro-rated stub dividend estimated at about USD 0.23 if it closes in August 2026. * Two said it sought a revised proposal from UWMC, citing concerns, but reported no updated bid or engagement since a waiver window. * Two highlighted UWMC shares at USD 2.22 on June 18, 2026, valuing UWMC stock consideration at about USD 5.18 per Two share. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Two Harbors Investment Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260621268389) on June 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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