other_material
confidence high
sentiment positive
materiality 0.60
Two Harbors adjourns special meeting for CCM acquisition to May 28; court denies TRO
TWO HARBORS INVESTMENT CORP.
- Special meeting adjourned to May 28, 2026 at 10:00 a.m. ET for additional proxy solicitation.
- Board unanimously recommends voting FOR the $12.00/share cash acquisition by CrossCountry Mortgage.
- Federal court in Assad v. Two Harbors denied TRO; found proxy disclosures sufficient; dismissed preliminary injunction as moot.
- Stockholders who already voted FOR need no further action; proxies will be voted at reconvened meeting.
item 8.01item 9.01