Mergers & Acquisitions ·
Harte Hanks board reaffirms recommendation for $5-per-share Star Equity Holdings merger after Go-Shop Period
HHSHarte Hanks Inc
Harte Hanks announced the expiration of its 'Go-Shop Period' regarding the previously announced merger with Star Equity Holdings. During this period, the company solicited interest from 93 third parties and received acquisition proposals, but the Board has not identified any superior proposal and reaffirmed its recommendation to approve the Star Merger Agreement. Under the agreement dated August 14, 2026, Harte Hanks stockholders may elect to receive $5.00 in cash or 0.50 shares of Star’s 10% Series A Cumulative Perpetual Preferred Stock for each eligible share, with aggregate cash consideration capped at $19.2 million. The company remains subject to the merger agreement and intends to consummate the transaction. Harte Hanks operates as a global customer experience provider delivering marketing, data analytics, and logistics solutions.