Two Harbors Investments CorpTWO

Why is Two Harbors Investments (TWO) moving?

Q3 202622 Jun – 21 Aug 2026

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CrossCountry's $12 all-cash offer wins bidding war CrossCountry Mortgage's all-cash $12.00 per share offer beat UWM's stock-heavy bid, and Two Harbors' board deemed it superior. This locks in a cash price for shareholders and removes the uncertainty of a contested merger, supporting TWO's price near the deal value.
The winning bid is the central force setting TWO's price near $12.
Final regulatory approval clears path to close Two Harbors received the last regulatory approval needed, with the merger expected to close before market open on August 25, 2026. Shareholders will get $12.00 per share cash plus a $0.20326 stub dividend, making the deal essentially certain and anchoring TWO's price to the payout.
Final approval and a firm closing date are the decisive new events that make the deal near-certain.
UWM threatens litigation after losing the deal UWM, which lost the bidding war, secured a $2 billion capital infusion and said it plans to sue Two Harbors and CrossCountry over the failed transaction. A lawsuit could create legal costs and distraction, a real counterweight even as the merger closes.
This is the main remaining risk that could weigh on TWO despite the deal closing.

July 202622 Jun – 21 Aug 2026

▲2▼1

CrossCountry's $12 all-cash offer wins bidding war CrossCountry Mortgage's all-cash $12.00 per share offer beat UWM's stock-heavy bid, and Two Harbors' board deemed it superior. This locks in a cash price for shareholders and removes the uncertainty of a contested merger, supporting TWO's price near the deal value.
The winning bid is the central force setting TWO's price near $12.
Final regulatory approval clears path to close Two Harbors received the last regulatory approval needed, with the merger expected to close before market open on August 25, 2026. Shareholders will get $12.00 per share cash plus a $0.20326 stub dividend, making the deal essentially certain and anchoring TWO's price to the payout.
Final approval and a firm closing date are the decisive new events that make the deal near-certain.
UWM threatens litigation after losing the deal UWM, which lost the bidding war, secured a $2 billion capital infusion and said it plans to sue Two Harbors and CrossCountry over the failed transaction. A lawsuit could create legal costs and distraction, a real counterweight even as the merger closes.
This is the main remaining risk that could weigh on TWO despite the deal closing.

Latest22 Jun – 21 Aug 2026

▲2▼1

CrossCountry's $12 all-cash offer wins bidding war CrossCountry Mortgage's all-cash $12.00 per share offer beat UWM's stock-heavy bid, and Two Harbors' board deemed it superior. This locks in a cash price for shareholders and removes the uncertainty of a contested merger, supporting TWO's price near the deal value.
The winning bid is the central force setting TWO's price near $12.
Final regulatory approval clears path to close Two Harbors received the last regulatory approval needed, with the merger expected to close before market open on August 25, 2026. Shareholders will get $12.00 per share cash plus a $0.20326 stub dividend, making the deal essentially certain and anchoring TWO's price to the payout.
Final approval and a firm closing date are the decisive new events that make the deal near-certain.
UWM threatens litigation after losing the deal UWM, which lost the bidding war, secured a $2 billion capital infusion and said it plans to sue Two Harbors and CrossCountry over the failed transaction. A lawsuit could create legal costs and distraction, a real counterweight even as the merger closes.
This is the main remaining risk that could weigh on TWO despite the deal closing.