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Updated: 14-May-26 15:57 ET
UWMC:  UWM Holdings provides clarity on latest disingenuous announcement by Two Harbors  (3.04 -0.06)
UWM Holdings Corporation (UWMC), today issued a statement in response to this morning's announcement by Two Harbors Investment Corp. (TWO) and CrossCountry Mortgage, LLC. The TWO Board has refused to engage with UWMC on its May 11 proposal to acquire Two Harbors for $12.50 per share in cash or 2.3328 shares of UWMC stock, and continues to affirm its support for getting its stockholders a lower cash value under its proposed merger with CrossCountry:
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