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Randian urges loanDepot to consider sale, reassess leadership
Retail activist investment firm Randian Capital is urging loanDepot’s board of directors to launch a formal review of strategic alternatives, including a potential sale, amid falling share prices and ongoing losses.
Real Brokerage and REMAX set Aug 14 merger votes
Real and REMAX set Aug 14 votes, with a 10 for 1 consolidation and a $13.80 cash option plus $60M to $80M pool.
Two Harbors investors approve sale to CCM at $12 per share
Shareholders of Two Harbors Investment Corp. have approved the company’s sale to an affiliate of CrossCountry Mortgage (CCM).
Jesse Singh takes the helm at Fortune Brands Innovations
Jesse Singh has been appointed chief executive officer of Fortune Brands Innovations Inc. (NYSE: FBIN), the home, security and digital products company said Monday. Fortune Brands is the parent of several core brands in the homebuilding and repair-remodel channels, including Moen, House of Rohl, Therma-Tru, Larson, Fiberon, Master Lock, Sentry Safe and Yale residential. Singh […]
Two Harbors pushes vote on CrossCountry deal to July
Two Harbors Investment Corp.’s latest adjournment of its special meeting underscores just how tight the shareholder math appears to be on its proposed sale to a CrossCountry Mortgage affiliate.
UWM fails to submit revised bid for Two Harbors, seller says
Two Harbors Investment Corp. said in a letter on Monday that UWM Holdings Corp. failed to submit a revised offer to buy the company or request to extend a waiver period to negotiate.
