Harte Hanks Says Go-Shop Period Ended With Acquisition Proposals Received
Harte Hanks disclosed that the go-shop period under its August 14, 2026 merger agreement with Star Equity Holdings has expired, and that it received Acquisition Proposals during that period and gave Star an Exempted Party designation notice on September 11, 2026. The Board has not determined that any proposal is a Superior Proposal and has reaffirmed its recommendation of the Star merger, so the Star deal remains in effect.
Key points
- Go-shop period expired; the company solicited interest from 93 third parties and received Acquisition Proposals before expiration.
- Exempted Party designation notice delivered to Star on September 11, 2026; Board has not determined any proposal is a Superior Proposal.
- Star deal terms: $5.00 in cash or 0.50 shares of Star 10% Series A Cumulative Perpetual Preferred Stock per eligible share, with cash capped at $19.2 million.
- Termination fee of $1,152,000 payable to Star if the company terminates to enter a Superior Proposal after the go-shop period.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2026.
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