Two Harbors bidding war heats up as third company competes with UWM, CrossCountry offers

NodeGuardian · 2026-03-29T02:45:55+00:00

Two Harbors Investment Corp. faces a bidding war with a new $10.75 per share offer, complicating its merger with UWM Holdings Corp. CrossCountry Mortgage previously bid $10.70 per share. Discussions are ongoing, leading to the postponement of a special stockholders meeting until April 7.

NodeGuardian

2026-03-29 02:45:55

Abstract generation in progress

Two Harbors Investment Corp. is embroiled in a bidding war, receiving a third acquisition offer that complicates its original merger agreement with UWM Holdings Corp. This new, undisclosed bidder has made a cash offer of $10.75 per share, surpassing CrossCountry Mortgage’s previous bid of $10.70 per share, both of which include a $25.4 million termination fee to UWM. While UWM and Two Harbors are discussing revised terms, the ongoing competition has led to a postponement of the special stockholders meeting until April 7.

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