UWM Holdings Raises Two Harbors Acquisition Offer to $12.50/Share, Urges Vote Against Rival Bid
UWMC is trading near its 52-week low of $3.08 (9.7% above the low) on elevated volume (2.0× avg).
Summary
UWM Holdings Corp. increased its offer to acquire Two Harbors Investment Corp. to $12.50 per share in cash or stock, intensifying its proxy battle against a rival bid and urging Two Harbors shareholders to vote against the competing merger.
Key Events · M&A and Partnerships · UWMC
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Increased Acquisition Offer
UWM Holdings raised its proposal to acquire Two Harbors Investment Corp. to $12.50 per share in cash or 2.3328 shares of UWMC stock. This follows its previous $12.00 offer on May 4, 2026.
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Proxy Fight Escalation
The company is actively soliciting Two Harbors shareholders to vote AGAINST the proposed merger with CrossCountry Mortgage at the special meeting scheduled for May 19, 2026.
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Superior Value Claim
UWMC asserts its revised offer provides 'clearly superior value' compared to CrossCountry Mortgage's $12.00 per share cash offer.
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Criticism of Target Board
UWMC criticized Two Harbors' board for refusing to engage and for prioritizing management payouts over maximizing shareholder value.
Analysis · UWMC · Finance
UWM Holdings Corp. has escalated its pursuit of Two Harbors Investment Corp. by increasing its acquisition offer to $12.50 per share in cash or 2.3328 shares of UWMC stock. This revised proposal, which is higher than its previous $12.00 offer and the competing CrossCountry Mortgage bid, signals UWMC's strong commitment to the acquisition. The company is actively engaging in a proxy fight, urging Two Harbors shareholders to reject the rival merger and demand engagement with UWMC, highlighting a contentious battle for control.
How filings like this one have moved
In the 30 days to Oct 11, 2026, 43.2% of the 303 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.62%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UWMC was trading at $3.38 on NYSE in the Finance sector, with a market capitalization of approximately $5.4B. The 52-week trading range was $3.08 to $7.14. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.