NYSE:TWOMortgage REITs
Two Harbors Investment (TWO) Wins Merger Approval, Is The $12 Offer Leaving Much Upside?
Two Harbors Investment (TWO) is back in focus after stockholders approved its merger with CrossCountry Merger Corp, setting up an all cash deal that prices each share at $12.00 plus a stub dividend.
See our latest analysis for Two Harbors Investment.
Over the past year, Two Harbors Investment’s 33.21% total shareholder return and 14.18% year to date share price return suggest momentum has been building. The recent merger approval appears to align current trading around the US$12.08 offer...