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Two Harbors delays shareholder vote on CCM deal amid UWM rivalry

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Two Harbors Investment Corp. has adjourned its special meeting of stockholders to May 28 to give investors more time to vote on its proposed sale to an affiliate of CrossCountry Mortgage (CCM), as a competing proposal from UWM Holdings Corp. (UWMC) looms.

Mortgage

CCM boosts cash payout in bid for Two Harbors

admin
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CCM will add a pro rata dividend, lifting total cash value to as much as $12.68 per share for TWO investors as it seeks merger approval.