AcquisitionMar 27, 2026Completed
🇺🇸 United States

Two Harbors Investment Corp.CrossCountry Mortgage, LLC

Real Estate › REITs

Deal valueUndisclosed
AnnouncedMar 27, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo

Overview

CrossCountry Mortgage, LLC agreed to acquire Two Harbors Investment Corp., an MSR-focused REIT, through a merger in which TWO common stockholders receive $12.00 per share in cash plus a pro-rated stub dividend.

Deal rationale

The document does not state a strategic rationale; it reports stockholder approval and progress toward closing.

AI-generated from the SEC filing
CompletedReal Estate › REITsUnited StatesNorth America

Timeline

  1. AnnouncedMar 27, 2026

    Imported from prototype record 22, unverified

    Filing
  2. Terms amendedApr 28, 2026

    Price changed to $11.3 per share. Total value now Undisclosed.

    Filing
  3. Terms amendedMay 7, 2026

    Price changed to $12 per share. Total value now Undisclosed.

    Filing
  4. Regulatory clearanceMay 21, 2026

    HSR waiting period expired or ended.

    Filing
  5. ClosedAug 25, 2026

    Closing reported in Form 8-K filed 2026-08-25.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise valueUndisclosed
ConsiderationCash

Advisors

Buy-side
CCiti
Sell-side
HLHoulihan LokeyPPPJT Partners

Parties

Target
Two Harbors Investment Corp.
Headquarters
United States
Ticker
TWO
EDGAR company page
Acquirer
CrossCountry Mortgage, LLC
Headquarters
United States
Ticker
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