Star Equity to acquire Harte Hanks for USD 5 per share, valuing deal at USD 38.4 million

Reuters2026/08/14 12:30

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Star Equity to acquire Harte Hanks for USD 5 per share, valuing equity at USD 38.4 million.
Consideration split: 50% cash, 50% in Star Equity 10% Series A Cumulative Perpetual Preferred Stock (STRRP).
Stock election offers USD 5 cash per share, capped at about USD 19.2 million total cash.
Alternative election offers 0.5 shares of STRRP per Harte Hanks share, based on a USD 10 liquidation preference.
Closing targeted in 60-90 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 ACCESS Newswire (Ref. ID: 202608140830ACCESSWRNAPR_____1207266) 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 to acquire Harte Hanks for USD 5 per share, valuing deal at USD 38.4 million

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