UWM Urges Two Harbors Shareholders to Vote Down CrossCountry Merger Proposal
Idag, 16:30
10:30 AM EDT, 05/18/2026 (MT Newswires) -- UWM (UWMC) on Monday urged all Two Harbors Investment (TWO) shareholders to vote against the CrossCountry Mortgage merger proposal at the special meeting to be held at 10 a.m. on Tuesday.
"UWMC's proposal offers stockholders $12.50 per share, while preserving the ability to elect to receive 2.3328 shares in UWMC stock for those stockholders that want stock consideration,"UWM said in a statement. "Despite TWO's various contorted, hollow and misleading arguments, $12.50 is more than $12.00, adjusted for the interim period dividend."
Two Harbors didn't immediately reply to a request for comment from MT Newswires.
Price: 3.04, Change: +0.04, Percent Change: +1.17
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UWM Urges Two Harbors Shareholders to Vote Down CrossCountry Merger Proposal
Idag, 16:30
10:30 AM EDT, 05/18/2026 (MT Newswires) -- UWM (UWMC) on Monday urged all Two Harbors Investment (TWO) shareholders to vote against the CrossCountry Mortgage merger proposal at the special meeting to be held at 10 a.m. on Tuesday.
"UWMC's proposal offers stockholders $12.50 per share, while preserving the ability to elect to receive 2.3328 shares in UWMC stock for those stockholders that want stock consideration,"UWM said in a statement. "Despite TWO's various contorted, hollow and misleading arguments, $12.50 is more than $12.00, adjusted for the interim period dividend."
Two Harbors didn't immediately reply to a request for comment from MT Newswires.
Price: 3.04, Change: +0.04, Percent Change: +1.17
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