Mergers & Acquisitions ·
Two Harbors Investment Corp. announced it has received required state regulatory approvals for its merger with…
TWO-PBTwo Harbors Investment Corp.
Two Harbors Investment Corp. announced it has received required state regulatory approvals for its merger with CrossCountry Intermediate Holdco, LLC from all but one jurisdiction. Upon receipt of the final approval, the company intends to close the transaction the following business day. A stub period dividend will be paid to common stockholders based on a formula using the most recent quarterly dividend of $0.34 per share multiplied by days elapsed since the end of Q2 2026 through the day prior to closing, divided by 92 days in Q3 2026. The record date is the last trading day immediately prior to the effective time of the merger. Two Harbors Investment Corp. operates as a real estate investment trust that invests in mortgage-related assets.