UWM Returns With Higher Offer for Two Harbors – Merger Arbitrage Mondays
Two Harbors Investment Corp. (TWO): $12.54 Market Cap: $1.32 B Deal Value: $8.84 B When we last covered Two Harbors in our Merger Arbitrage Mondays post, it had inked a definitive…
Written byAsif SuriaSource: InsideArbitrage
Two Harbors Investment Corp. (TWO): $12.54 Market Cap: $1.32 B Deal Value: $8.84 B When we last covered Two Harbors in our Merger Arbitrage Mondays post, it had inked a definitive merger agreement with CrossCountry Mortgage after winning a bidding war against UWM Holdings (UWMC). At the time, we believed that the bidding war would