UWMC offered a higher bid than CCM, while Institutional Shareholder Services advised against the merger proposal.
1 report, 1 independent
Updated May 12
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
UWMC offered a higher bid than CCM, while Institutional Shareholder Services advised against the merger proposal.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
-
United Wholesale Mortgage
mortgage lender
-
CrossCountry Mortgage
Mortgage lending institution
Nothing else this week.
-
Institutional Shareholder Services
proxy advisory firm
Nothing else this week.
Related events
- CrossCountry Mortgage made a competing cash offer regarding the matter involving UWM Holdings Corporation, with the court case located in Michigan.
- CrossCountry Mortgage offered a bid for Two Harbors, and UWM Holdings planned to acquire the company.
- An acquisition attempt involving UWM and CrossCountry Mortgage failed, leading to financial losses and drawing parallels to Nvidia's situation.
- UWM Holdings and CrossCountry Mortgage finalized an all-stock merger agreement valued at $1.3 billion amid competing offers.
Coverage
Newest first; wire copies grouped- SEC EDGAR (UWMC)Document