UWM urges Two Harbors holders to vote against CCM merger at May 28 meeting
UWM Holdings Corp. Class A
UWM Holdings Corp. Class A UWMC | 0.00 |
- UWM Holdings escalated its campaign against Two Harbors’ proposed merger with CrossCountry Mortgage ahead of the rescheduled May 28, 2026 special meeting.
- It urged Two Harbors shareholders to vote against the CrossCountry deal, the non-binding compensation advisory proposal, and the adjournment proposal.
- UWM reiterated its acquisition proposal for Two Harbors of $12.5 per share in cash or 2.3328 shares of UWM stock, calling it superior to the CrossCountry offer.
- The company said Two Harbors failed to secure shareholder approval for the CrossCountry transaction at the May 19 special meeting and criticized the board for not engaging with UWM.
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. UWM Holdings Corporation published the original content used to generate this news brief on May 22, 2026, and is solely responsible for the information contained therein.
