UWMC

UWM Holdings (UWMC) issued a statement highlighting that Two Harbors Investment Corp. (TWO) has failed for a second time to obtain stockholder approval for its proposed merger with CrossCountry Mortgage (CCM), resulting in a second adjournment of the special stockholder meeting. UWMC characterized the repeated adjournment as evidence that TWO stockholders oppose the transaction. The statement signals continued opposition from UWMC to the TWO-CCM deal.

UWM Holdings (UWMC) is publicly urging Two Harbors Investment Corp. (TWO) stockholders to vote against TWO's proposed merger with CrossCountry Mortgage (CCM) at the rescheduled May 28, 2026 special meeting. UWMC states it has received no engagement from the TWO Board regarding its own competing acquisition proposal for Two Harbors. The TWO special meeting was previously adjourned, suggesting the CCM transaction may be facing stockholder resistance.

The board of Two Harbors Investment Corp (TWO) has unanimously rejected the latest acquisition proposal from UWM Holdings (UWMC), characterizing it as "illusory, predatory, and unactionable." The rejection is unanimous, signaling strong board-level opposition to the deal. No revised terms or counter-proposal were mentioned in the announcement.

UWM Holdings (UWMC) has revised its acquisition proposal for Two Harbors Investment Corp, increasing the cash election option available to Two Harbors shareholders. The sweetened offer suggests ongoing negotiation between the two parties, with UWMC seeking to make its bid more attractive. No confirmation of a deal has been reported.

UWM Holdings (UWMC) has submitted a revised acquisition proposal to Two Harbors Investment Corp. (TWO), offering $12.50 per share in cash or 2.3328 shares of UWMC stock for each TWO share. The revised bid represents an increased offer compared to UWMC's prior proposal, framed as providing "clearly superior value" to TWO stockholders. The proposal has been submitted to Two Harbors' Board of Directors and has not yet been accepted or confirmed as a deal.

Two Harbors' board has formally rejected a revised acquisition offer from UWM Holdings. The rejection signals continued resistance from Two Harbors' leadership to a deal with UWM despite the revised terms. No further details on the offer price or the board's stated rationale were provided in the article.