UWM Holdings pitches $12-per-share bid for Two Harbors in letter to shareholders

ReutersMay 1, 2026 2:06 AM

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April 30 (Reuters) - Lender UWM Holdings UWMC.N issued an open letter to shareholders of Two Harbors Investment TWO.N on Thursday, arguing that its new $12-per-share offer was superior to the real estate investment trust's deal with CrossCountry.

The proposal is supported by a $1.3 billion bridge facility from Mizuho Bank, UWM Holdings said.

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