UWM Raises Two Harbors Bid, Again, to $12.50 Per Share

by Clarissa Garza

Lending giant UWM Holdings Corporation (UWM) has cranked up the pressure on Two Harbors Investment Corporation (TWO), raising its acquisition bid to $12.50 per share in an attempt to derail a competing deal with CrossCountry Mortgage and push the Two Harbors board back to the negotiating table. In an open letter to Two Harbors stockholders,… The post UWM Raises Two Harbors Bid, Again, to $12.50 Per Share appeared first on RISMedia.
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