Tagged: CrossCountry Mortgage

UWM said shareholders are being denied the opportunity to consider what it calls a superior proposal for RoundPoint owner Two Harbors

Lender says new workflow cuts cycle times by more than half, underscoring growing pressure on speed in purchase-driven market

Shareholder vote pushed to May 28 as lawsuit raises new questions over CrossCountry deal

Lender urges shareholders to reject CCM transaction, citing higher bid, proxy firm support, and governance concerns

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