May. 27 at 10:21 AM
$TWO $UWM TWO (Two Harbors Investment Corp.) & UWMC (UWM Holdings)
This is the hottest live deal battle in the market right now. Two Harbors (NYSE: TWO) stockholders are set to vote on its proposed merger with CrossCountry Mortgage (CCM) at a rescheduled special meeting on May 28, 2026. UWMC has made a competing offer of
$12.50 per share in cash or 2.3328 shares of UWMC stock, which it calls superior. ISS, the leading independent proxy advisory firm, has recommended stockholders vote AGAINST the CCM merger, reaffirming UWMC’s higher-value offer. Outcome: if CCM deal fails, TWO likely spikes toward UWMC’s
$12.50 offer price. UWMC could also move on deal certainty.
