UWM Holdings (UWMC) announced that Institutional Shareholder Services, an independent proxy advisory firm, has recommended that stockholders of Two Harbors Investment Corp. (TWO) VOTE AGAINST the CrossCountry Mortgage merger proposal at the upcoming special meeting on May 19, 2026, reaffirming the higher value of UWMC’s $12.50 or stock upside offer for stockholders. UWMC appreciates ISS’s independent evaluation and the recommendation to vote AGAINST the CCM merger.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UWMC:
- UWM Holding Submits Revised All-Cash or Stock Bid
- UWMC raises Two Harbors acquisition proposal to $12.50 per share in cash
- UWM Holdings price target lowered to $4.50 from $5 at Keefe Bruyette
- UWM Holdings price target lowered to $5.50 from $6.50 at Deutsche Bank
- UWM Holdings price target lowered to $5 from $6 at Morgan Stanley
