Two Harbors Investment Receives Final Regulatory Approval For Merger With CrossCountry Mortgage; Merger Expected To Close On August 25
TWO ((Two Harbors Investment Corp., NYSE:TWO), an MSR-focused REIT, today announced that it has received the final regulatory approval for its previously announced merger with CrossCountry Mortgage, LLC ("CCM").
Two Harbors got the final thumbs-up from regulators to combine with CrossCountry Mortgage, and the deal will finish on August 25. When a big company merger gets approved, it means the companies can move forward with their plan, so watch to see if the combined business works well together.
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