Harte Hanks Enters Definitive Agreement to Be Acquired by Star Equity Holdings for $5.00 Per Share

The proposed transaction offers an approximately 100% premium to Harte Hanks’ unaffected share price. Harte Hanks shareholders will receive 50% cash and 50% in Star Equity via 10% preferred stock, signaling a shareholder-friendly deal structure likely to drive valuation re-rating and near-term trading momentum.

Analysis

The proposed transaction offers an approximately 100% premium to Harte Hanks’ unaffected share price. Harte Hanks shareholders will receive 50% cash and 50% in Star Equity via 10% preferred stock, signaling a shareholder-friendly deal structure likely to drive valuation re-rating and near-term trading momentum.