NYSE:TWOMortgage REITs
Two Harbors Merger Battle Puts Shareholder Value And Dividends In Focus
Two Harbors Investment (NYSE:TWO) is at the center of an escalating merger contest involving CrossCountry Mortgage and UWM Holdings.
CrossCountry Mortgage has reiterated that its bid for Two Harbors is its "best and final" offer.
UWM Holdings is publicly opposing the CrossCountry deal and is urging shareholders to reject it at a special meeting.
The special meeting to vote on the CrossCountry merger has been adjourned twice after insufficient support, while UWM presses for engagement on a...