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Ongoing dispute intensifies as company pushes back on board’s CrossCountry stance
Board cites “certain value,” challenges stock structure, timeline, and execution risk in escalating MSR battle
Open letter escalates weeks-long deal battle, challenges board actions, and raises stakes for MSR-driven M&A
Revised all-cash offer tops prior $10.80 agreement, reinforces servicing strategy as UWM competition lingers
Complaint points to earlier higher bids and disclosure gaps in CrossCountry deal
CrossCountry, on behalf of Two Harbors, will pay UWM a $25.4 million termination fee