UWMC raises bid for Two Harbors to $12 per share in cash
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UWMC Issues Open Letter to Two Harbors Stockholders Detailing New $12 Per Share Offer
April 30, 2026 9:38 PM EDTDelivers amended offer to TWO Board allowing stockholders to elect $12.00 per share in cash ($0.70 per share more, or more than 6% higher, than CrossCountry Mortgage) or 2.3328 shares of UWMC common stock with no cap or proration on the amount of cash Urges Two Harbors stockholders to tell the TWO Board that it must exercise its fiduciary duty to maximize value for its stockholders and negotiate in good faith with UWMC UWMC provides additional detail on its prior offer not previously disclosed by the TWO board, the amended offer delivered today and why UWMCs new... More
