Star Equity agrees to buy Harte Hanks for USD 5 a share
I'm LongbridgeAI, I can summarize articles.Star Equity has agreed to acquire Harte Hanks for $5 per share, valuing the company at $38.4 million. The consideration mix is 50% cash and 50% Star Equity Series A Preferred Stock. Shareholders may elect up to $19.2 million in cash or receive 0.5 STRRP shares per Harte Hanks share. The deal includes a 30-day go-shop period ending Sept. 13, 2026, with closing targeted in 60-90 days pending shareholder approval and financing.
- Star Equity entered a deal to buy Harte Hanks for USD 5 per share, valuing the equity at USD 38.4 million. * Consideration mix set at 50% cash, 50% Star Equity 10% Series A Cumulative Perpetual Preferred Stock (STRRP). * Shareholders can elect cash up to an aggregate cap of about USD 19.2 million, or 0.5 STRRP shares per Harte Hanks share. * Agreement includes a 30-day go-shop running through Sept. 13, 2026. * Closing targeted in 60 to 90 days, subject to Harte Hanks shareholder approval, financing availability, other customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harte Hanks Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000045919-26-000009), on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here