Two Harbors says CCM merger wins approvals in all but one state

Reuters2026/08/03 11:04

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Two Harbors’ merger with CrossCountry Intermediate Holdco is nearing completion, with all but one required state approval secured.
Closing is expected the business day following the final approval, with a press release planned once it is received.
A “stub period” dividend will be paid at closing, recalculated from the previously indicated USD 0.12196 per share tied to an Aug. 3 close.
The stub dividend will equal USD 0.34 per share prorated for days from end-Q2 2026 to the day before closing, divided by 92 days.
Payment will go to holders of record on the last trading day before the merger takes effect, without reducing merger consideration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Two Harbors Investment Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-089438), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Two Harbors says CCM merger wins approvals in all but one state

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