With the UWMC share price down about 26% since the deal announcement, it is possible that the acquisition price would need to be increased for the deal to be approved by TWO shareholders, Bose George and Frankie Labetti, analysts at Keefe, Bruyette & Woods, wrote in a flash note Monday morning.
After filing their notice, the parties must observe a mandatory waiting period, which is typically 30 days on most proposed acquisitions. During this waiting period the government agencies review the proposed transaction for potential antitrust concerns. Once the waiting period expires, the companies are free to close the transaction and no further HSR-related approval is required in order for them to be able to close the transaction.
