TWO Urges Stockholders to Vote FOR the CCM Transaction Today; Failure to Approve Risks a Significant Decline in TWO’s Stock Price
TWO Directly Engaged with UWMC and Asked for a Superior Proposal; UWMC Has Not Submitted One
TWO Stockholders Should Protect Their Investment by Voting “FOR” the CCM Transaction on the WHITE Proxy Card Today
Two Harbors Investment Corp. (NYSE: TWO) (“Two” or the “Company”) today issued the following statement regarding the pending transaction with CrossCountry Mortgage, LLC (“CrossCountry” or “CCM”):
TWO stockholders face a consequential choice at TWO’s Special Meeting: the certainty of $12.00 per share in cash under the CCM transaction or the potential significant decline in the value of TWO common stock if the transaction is not approved – with no actionable alternative on the table. The Board unanimously recommends that stockholders vote ‘FOR’ the CCM transaction on the WHITE proxy card.
