CrossCountry

Latest escalation in the Two Harbors bidding war comes after UWM claims shareholders would receive the same quarterly dividend under its competing proposal

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