Merger clears a major milestone, with closing expected in August pending the final five state regulatory approvals
Tagged: Bidding Wars
The shareholder meeting has now been adjourned four times since May as CrossCountry seeks additional support for its $12-per-share acquisition
With Two Harbors shareholders set to vote June 23, UWM is again urging investors to reject CrossCountry's acquisition while the REIT argues UWM has failed to submit a revised proposal
MSR-focused REIT says it will continue regular dividends through closing as the proposed sale advances following UWM's decision not to submit a revised bid
Two Harbors says UWM failed to submit a revised bid during a special engagement period, while UWM accuses the board of imposing unreasonable restrictions and refusing to negotiate in good faith
New data shows sellers who miss the market on pricing are paying a growing penalty, while buyers gain leverage in many regions
Vote delayed until June 23 as KBW questions whether a largely cash-funded acquisition still makes sense for UWM
Mortgage lender reaffirms $12.50-per-share bid and says additional value could be unlocked through negotiations with Two Harbors
The mortgage industry’s deal fight that refuses to end keeps getting extended like a Netflix series as proxy pressure and competing bids push the saga deeper into June
UWM said shareholders are being denied the opportunity to consider what it calls a superior proposal for RoundPoint owner Two Harbors