Two Harbors urges vote for CrossCountry deal after shareholders press board to engage UWMC ahead of June 23 meeting

Two Harbors Investment Corp.

Two Harbors Investment Corp.

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  • Two Harbors urged shareholders to vote FOR the CrossCountry Mortgage deal on the WHITE proxy card ahead of the June 23 special meeting.
  • The board’s stance followed a waiver window to engage UWMC on a competing transaction; UWMC submitted no written proposal before June 12.
  • Two Harbors framed UWMC’s prior structure as activism-driven but unreliable, citing default stock consideration tied to UWMC shares at USD 2.38 on June 12.
  • The company reiterated CrossCountry terms of USD 12 per share in cash, citing deal certainty and financing commitments.


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