Harte Hanks to Be Acquired by Star Equity at $5 Per Share Premium
Aug 14, 2026, 8:33 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The deal implies a near-100% premium to the unaffected price and provides an immediate, concrete exit/participation option for shareholders, likely pushing HHS toward the $5 mark on approval progress; risk remains around financing and go-shop dynamics.
AI summary
What happened, with direct paths to the underlying reporting
Harte Hanks and Star Equity announced a definitive merger valuing Harte Hanks at about $38.4 million, with shareholders receiving $5.00 in cash or 0.5 shares of STRRP per share. The deal includes a 30-day go-shop and is expected to close in 60-90 days subject to financing and approvals. The ~100% premium signals near-term upside and a liquidity exit for Harte Hanks holders.
Harte Hanks to be acquired by Star Equity for $5.00 per share.
Total equity value about $38.4 million; 50% cash, 50% STRRP.
Go-shop period lasts 30 days; closing expected in 60-90 days.
Board unanimous; deal aims to unlock liquidity for shareholders.
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