--- title: "Utz Brands agrees to cash merger with Intersnack" type: "News" locale: "en" url: "https://longbridge.com/en/news/293479092.md" description: "Utz Brands agreed to a cash merger with Intersnack Group, where public Class A shareholders will receive $14.25 per share. The deal, unanimously recommended by the board, makes Utz an indirect wholly owned subsidiary of Intersnack. It is subject to shareholder and antitrust approvals. Concurrently, the tax receivable arrangement is terminated for a $44 million payment. Analysts maintain a Hold rating with a $14.25 price target." datetime: "2026-07-22T12:59:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293479092.md) - [en](https://longbridge.com/en/news/293479092.md) - [zh-HK](https://longbridge.com/zh-HK/news/293479092.md) --- # Utz Brands agrees to cash merger with Intersnack The latest update is out from UTZ Brands ( (UTZ) ). On July 20, 2026, Utz Brands agreed to be acquired by Intersnack Group’s Idaho USA, Inc. via a cash merger in which public Class A shareholders will receive $14.25 per share, while Class V shares held by continuing stockholders are cancelled and employee and director equity awards are cashed out or converted. The deal, unanimously recommended by a special committee and the board, will make Utz an indirect wholly owned subsidiary of Intersnack and is paired with a recapitalization that leaves Utz’s surviving corporation and the continuing stockholders each owning 50% of Utz Brands Holdings, LLC. The transaction is subject to approval by a majority of all shareholders and a majority of disinterested shareholders, antitrust clearances and other customary conditions, and includes strict non-solicitation provisions, a $50 million termination fee and detailed financing commitments to ensure the $14.25 per-share cash consideration and related payments can be funded. Concurrent agreements terminate the tax receivable arrangement in exchange for a $44 million payment, restrict unit transfers, reset LLC governance for post-closing operations, and amend Utz’s bylaws to empower the special committee in calling and chairing stockholder meetings during the deal period, underscoring tight control over the process and protections for unaffiliated investors. The most recent analyst rating on (UTZ) stock is a Hold with a $14.25 price target. To see the full list of analyst forecasts on UTZ Brands stock, see the UTZ Stock Forecast page. **Spark’s Take on UTZ Stock** According to Spark, TipRanks’ AI Analyst, UTZ is a Neutral. The score is held back primarily by weak recent profitability (negative EBIT and net margins) despite improved cash flow and a stronger-looking balance sheet. Technicals are neutral-to-soft, offering limited support. Offsetting these, the latest earnings call reiterated FY2026 guidance and free-cash-flow targets, and the pending take-private acquisition at $14.25/share is a significant positive catalyst that meaningfully lifts the overall assessment. To see Spark’s full report on UTZ stock, click here. **More about UTZ Brands** Utz Brands, Inc. is a U.S.-based snack food company known for its branded salty snacks, including potato chips and pretzels, sold across grocery, mass retail, convenience and other channels. The company operates through Utz Brands Holdings, LLC and has a public Class A share structure alongside LLC units held by continuing stockholders, reflecting a typical consumer packaged goods platform with a focus on North American sales. **Average Trading Volume:** 2,924,026 **Technical Sentiment Signal:** Buy **Current Market Cap:** $1.07B Find detailed analytics on UTZ stock on TipRanks’ Stock Analysis page. ### Related Stocks - [UTZ.US](https://longbridge.com/en/quote/UTZ.US.md) ## Related News & Research - [06:36 ETUTZ Investor Reminder: Utz Brands Shareholders are Reminded of the Pending Investigation into the $14.25 per share Deal](https://longbridge.com/en/news/294050667.md) - [Utz Soars 90% After $2.9 Billion Take-Private Deal at 91% Premium](https://longbridge.com/en/news/293472967.md) - [QUICK SPARK: Jim Cramer Called Utz A 'Nice Price,' Wall Street Is Paying 91% More](https://longbridge.com/en/news/293348869.md) - [04:51 ETUtz Brands, Inc. Investigated for Breaches of Fiduciary Duty - Contact the DJS Law Group to Discuss Your Rights - UTZ](https://longbridge.com/en/news/293904146.md) - [Intersnack to buy Utz shares for USD 14.25 each, take snackmaker private with founding family](https://longbridge.com/en/news/293338092.md)