Two Harbors says CCM merger wins approvals in all but one state
Reuters2026/08/03 11:04- 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: 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.
You may also like
Goldman Sachs remains bullish on the South Korean stock market: Driven by the AI memory boom, with a potential upside of up to 80%.
Goldman Sachs strategist Timothy Moe maintains his bullish target on the South Korean stock market, believing that investors are underestimating how long the benefits of artificial intelligence (AI) will last for the country's memory chip manufacturers.
Oranjebtc cancels 25 million treasury shares without capital reduction
The Last Time Treasury Yields Hit 6%, Bitcoin Didn't Exist — What Happens If They Get There Again?
Crypto prices
More
