UWM Holdings pitches $12-per-share bid for Two Harbors in letter to shareholders
01/05/2026 03:06
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. (Reporting by Chandni Shah in Bengaluru; Editing by Sherry Jacob-Phillips) ((chandni.shah@thomsonreuters.com))
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