UWMC criticizes Two Harbors board over rejection of $12 acquisition bid

Go back to UWMC criticizes Two Harbors board over rejection of $12 acquisition bid

UWMC Responds to TWO Board’s Latest Failing for TWO Stockholders

May 4, 2026 4:51 PM EDT

Questions Boards Basic Math After Baffling Rejection of its Superior $12.00 Acquisition Proposal

TWO Board Takes Three Days to Conclude $11.30 in Cash is Better Than $12.00 Cash Option

PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)-- UWM Holdings Corporation (UWMC or the Company) (NYSE: UWMC), today responded to the press release issued by Two Harbors Investment Corp. (Two Harbors or TWO) (NYSE: TWO) rejecting UWMCs $12.00 per share acquisition proposal and reaffirming the support of its Board for its $11.30 per share transaction with CrossCountry Mortgage, LLC... More