Uwmc Announces Strategic Acquisition Of Two

Dec 17 (Reuters) - Two Harbors Investment Corp TWO.N:

• UWMC ANNOUNCES STRATEGIC ACQUISITION OF TWO

• TWO HARBORS INVESTMENT CORP - PROPOSED DEAL FOR ALL-STOCK TRANSACTION FOR $1.3 BILLION IN EQUITY VALUE

• TWO HARBORS INVESTMENT CORP: MERGER AGREEMENT PURSUANT TO WHICH UWM WILL ACQUIRE TWO IN AN ALL-STOCK TRANSACTION FOR $1.3 BILLION IN EQUITY VALUE

• TWO HARBORS INVESTMENT CORP - TRANSACTION HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF DIRECTORS OF BOTH UWMC AND TWO

• TWO HARBORS INVESTMENT CORP: PROPOSED DEAL REPRESENTS AN $11.94 PER SHARE VALUE

• TWO HARBORS INVESTMENT CORP - DEAL WILL MATERIALLY INCREASE UWM'S PUBLIC FLOAT TO ABOUT 513 MILLION SHARES, OR $2.6 BILLION