- An unsolicited proposal was received to acquire all outstanding shares of Two Harbors common stock for USD 10.7 per share in cash.
- The proposal also includes payment of the USD 25.4 million termination fee tied to ending the existing merger agreement with UWM Holdings.
- An ad hoc board committee determined the offer could reasonably be expected to lead to a “Company Superior Proposal” under the UWM agreement.
- The committee has not determined whether the proposal is superior and plans further engagement, while the UWM merger agreement remains in effect.
- The shareholder meeting for the UWM transaction remains scheduled for March 24, 2026.
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. Two Harbors Investment Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260319664350) on March 19, 2026, and is solely responsible for the information contained therein.
Comments