Star Equity signs deal to buy Harte Hanks for $5 a share

Reuters2026/08/14 12:33

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Star Equity Holdings agreed to acquire Harte Hanks in a deal valuing the target at USD 5 per share.
Equity value totals about USD 38.4 million, based on roughly 7,680,000 fully diluted shares outstanding.
Consideration mixes cash and Star 10% Series A Cumulative Perpetual Preferred Stock, with cash capped at about USD 19.2 million.
Harte Hanks holders can elect cash or preferred stock, subject to proration; no Star common stock will be issued.
Closing is expected before year-end 2026; Harte Hanks would operate under its brand within Star’s Business Services division.

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. Star Equity Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608140830PRIMZONEFULLFEED9810340) on August 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Star Equity signs deal to buy Harte Hanks for $5 a share

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