UWM Holdings disputes Two Harbors account of talks over proposed deal

UWM Holdings Corp. Class A

UWM Holdings Corp. Class A

UWMC

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  • UWM Holdings is pursuing a business combination with Two Harbors, positioning its proposal against Two Harbors’ planned merger with CrossCountry Mortgage.
  • UWMC criticized Two Harbors for repeated adjournments of the shareholder vote on the CrossCountry deal, calling the process value-limiting.
  • UWMC said Two Harbors imposed tight negotiating constraints, including a five-day window, limits on UWMC participants, and refusal to share updated financials.
  • UWMC reiterated consideration flexibility, including revised default election mechanics and a “higher of cash or stock” alternative.
  • UWMC’s current terms include an election for cash at USD 12.5 per share, with stock consideration available at closing.


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 via Business Wire (Ref. ID: 202606151050BIZWIRE_USPR_____20260615_BW261665) on June 15, 2026, and is solely responsible for the information contained therein.

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