UWM Slams Two Harbors Board over $12 Offer Rejection

UWMC Responds to TWO Board’s Latest Failing for TWO Stockholders

Questions Board’s Basic Math After Baffling Rejection of its Superior $12.00 Acquisition Proposal TWO Board Takes Three Days to Conclude $11.30 in Cash is Better Than $12.00 Cash OptionPONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)--#UWMC--UWM Holdings Co... L'articolo UWMC Responds to TWO Board’s Latest Failing for TWO Stockholders è un contenuto originale di 01net.

UWM slams Two Harbors board over $12 offer rejection

UWM Holdings Corp. is challenging Two Harbors Investment Corp.’s board after it rejected a $12 per share acquisition proposal in favor of an $11.30 per share deal with CrossCountry Mortgage LLC, issuing a lengthy response that questioned the board’s analysis and process. In a statement on Monday, UWM said “the TWO Board’s interpretation of the numbers don’t reflect the underlying math.” The company said the board is “contorting itself with illog…