Two Harbors says CCM merger wins approvals in all but one state
TWO•Merger approvals nearly complete
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.
Stub period dividend to be paid at closing
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.
