Two Harbors (TWO) Announces Increased Acquisition Offer and Q1 2026 Earnings Results
Two Harbors Investment Corp. (TWO) saw its share price rise by 5% after CrossCountry Mortgage increased its all-cash acquisition offer to $11.30 per share. The company reported a negative total economic return of 2.0% for Q1 2026, along with a comprehensive loss of $24.7 million. The merger is expected to close in the second half of 2026.
Topics: acquisition CrossCountry Mortgage merger stock price movement Two Harbors Investment Corp UWMC