BRIEF-Uwmc Announces Strategic Acquisition Of Two

Reuters12-17 22:36
BRIEF-Uwmc Announces Strategic Acquisition Of Two

Dec 17 (Reuters) - Two Harbors Investment Corp TWO.N:

  • UWMC ANNOUNCES STRATEGIC ACQUISITION OF TWO

  • TWO HARBORS INVESTMENT CORP - PROPOSED DEAL FOR ALL-STOCK TRANSACTION FOR $1.3 BILLION IN EQUITY VALUE

  • TWO HARBORS INVESTMENT CORP: MERGER AGREEMENT PURSUANT TO WHICH UWM WILL ACQUIRE TWO IN AN ALL-STOCK TRANSACTION FOR $1.3 BILLION IN EQUITY VALUE

  • TWO HARBORS INVESTMENT CORP - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH UWMC AND TWO

  • TWO HARBORS INVESTMENT CORP: PROPOSED DEAL REPRESENTS AN $11.94 PER SHARE VALUE

  • TWO HARBORS INVESTMENT CORP - DEAL WILL MATERIALLY INCREASE UWM'S PUBLIC FLOAT TO ABOUT 513 MILLION SHARES, OR $2.6 BILLION

Source text: ID:nBw96KRNna

Further company coverage: TWO.N

((Reuters.Briefs@thomsonreuters.com;))

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