Two Harbors Delays Shareholder Special Meeting to April 7, 2026 Amid Unsolicited Acquisition Proposals

Reuters03-23 19:35

Two Harbors Delays Shareholder Special Meeting to April 7, 2026 Amid Unsolicited Acquisition Proposals

Two Harbors Investment Corp. has postponed its special meeting of stockholders to April 7, 2026, citing recent developments involving unsolicited acquisition proposals. The company said its board committee determined that a cash bid from CrossCountry Mortgage of $10.70 per share, plus payment of a $25.4 million termination fee, qualifies as a “Company Superior Proposal” under Two Harbors’ existing merger agreement with UWM Holdings. Two Harbors also reported receiving another unsolicited proposal, including a $10.75 per-share cash offer, as discussions continue with UWM on possible revised terms.

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 on March 23, 2026, and is solely responsible for the information contained therein.

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