UWM Exits Bidding War for Two Harbors; Seen as Positive Outcome for Shareholders
United Wholesale Mortgage (NYSE: UWMC) withdrew from the bidding war to acquire Two Harbors Investment Corp. (NYSE: TWO), which may be beneficial for its shareholders. The failed acquisition attempt, initially a $1.3 billion all-stock deal in late 2025 and later contested by CrossCountry Mortgage with an increased cash offer of up to $1.3 billion, ended without further pursuit from UWM.
Topics: acquisition bidding war shareholder impact