Star Equity Holdings Enters Into Merger Agreement to Acquire Harte Hanks
Star Equity Holdings (STRR) has agreed to acquire Harte Hanks (HHS) for $5.00 per share in a mix of cash and preferred stock, valuing the target at approximately $38.4 million. The companies expect $10 million in annual run-rate cost synergies, projecting pro-forma revenue of $384 million and adjusted EBITDA of $30 million.
Key figures
- Deal Value Usd
- 38400000
- Offering Price
- 5
- Synergies
- 10000000
- Nol utilization
- 215000000
- Pro forma ebitda
- 30000000
- Pro forma revenue
- 384000000
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.