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-0.029182879377432 -0.0214007782101168 -0.0136186770428016 -0.0369649805447472 -0.0412062256809339 -0.0661478599221791 -0.0583657587548638 -0.0515564202334631
Stock impact report

UWMC Announces Strategic Acquisition of TWO

UWM Holdings Corporation Class A (UWMC) 
Company Research Source: Business Wire
Transaction will extend UWM’s leading industry positioning by expanding its servicing portfolio and capabilities, creating an even more profitable and resilient business PONTIAC, Mich. & NEW YORK--(BUSINESS WIRE)--UWM Holdings Corporation (“UWMC”) (NYSE: UWMC), the publicly traded indirect parent of United Wholesale Mortgage (“UWM”), the #1 overall mortgage lender in America, and Two Harbors Investment Corp. (“TWO”) (NYSE: TWO), an MSR-focused REIT and one of the largest servicers of conventional mortgages in the country through its wholly-owned subsidiary RoundPoint Mortgage Servicing LLC (“RoundPoint”), today announced that they have entered into a definitive merger agreement pursuant to which UWM will acquire TWO in an all-stock transaction for $1.3 billion in equity value, based on a fixed exchange ratio of 2.3328x.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251217833684/en/This is a forward-looking strategic move Show less Read more
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