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CrossCountry Mortgage Reaffirms $12.00 Per Share Best and Final Offer for Two Harbors

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CrossCountry Mortgage Reaffirms $12.00 Per Share Best and Final Offer for Two Harbors
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⏷ This article is from 2026-05-29 • More recent news →
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CrossCountry Mortgage reaffirmed its $12.00 per share best-and-final offer for Two Harbors Investment Corp., signaling commitment to completing the proposed merger. The move accompanies a pro-rated stub dividend and represents the highest premium paid yet for a mortgage-REIT. The Cleveland, Ohio-based CCM release dated May 28, 2026, notes CCM's scale as the nation's top distributed retail mortgage lender. CCM employs more than 9,000 people across 1,000 branches, servicing loans nationwide including DC and Puerto Rico. The company warns that forward-looking statements carry risk, with financing conditions and regulatory approvals still to clear.

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