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CCM moves to counter UWM’s latest bid with additional cash value while emphasizing financing certainty
Board calls UWMC proposal “illusory, predatory, and unactionable,” escalating takeover fight days before May 19 vote
Influential shareholder advisor raises valuation and process concerns ahead of May 19 vote as UWM battle intensifies
Latest proposal increases cash consideration above CrossCountry’s pending $12 all-cash deal while preserving UWMC stock option ahead of May 19 shareholder vote
Revised all-cash proposal intensifies battle between CrossCountry Mortgage and UWM as Two Harbors board again backs CCM’s deal certainty over stock upside
Latest escalation in ongoing bid battle as lender touts $3.4B financing and “certain” all-cash path
