Harte Hanks vs Moore

8-K Financial Filing Analysis for Harte Hanks (2026-09-15)

On September 15, 2026, Harte Hanks, Inc. announced the expiration of the 'Go-Shop Period' under its previously announced merger agreement with Star Equity Holdings, Inc. dated August 14, 2026. During the go-shop period, Harte Hanks received competing acquisition proposals and provided Star Equity Holdings with an 'Exempted Party' designation notice under Section 5.3(a) of the merger agreement, allowing continued discussions with qualifying third parties. Concurrently, Harte Hanks' Board of Directors reaffirmed its existing recommendation in favor of the transaction with Star Equity Holdings, under which Harte Hanks stockholders would receive shares of 10% Series A Cumulative Perpetual Preferred Stock of Star.

• The 30-day Go-Shop period under the August 14, 2026 Star Equity Holdings merger agreement expired on September 15, 2026.
• Harte Hanks received alternative acquisition proposals during the period and delivered an Exempted Party designation notice to Star to continue evaluations.
• The Harte Hanks Board of Directors reaffirmed its recommendation of the Star merger agreement, involving consideration in Star's 10% Series A Cumulative Perpetual Preferred Stock.

8-K Financial Filing Analysis for Harte Hanks (2026-08-19)

Harte Hanks, Inc. has entered into a definitive Agreement and Plan of Merger to be acquired by Star Equity Holdings, Inc. for $5.00 per share in cash or 0.50 shares of Star's 10% Series A Cumulative Perpetual Preferred Stock per share, subject to proration and an aggregate cash cap of $19.2 million. The acquisition will transition Harte Hanks into a wholly owned subsidiary of Star Equity Holdings. The transaction will be partially financed via an up to $15.0 million drawdown on Harte Hanks's existing credit facility with Texas Capital Bank. The agreement incorporates standard closing conditions, including stockholder approval, a Form S-4 registration effectiveness, a 30-day go-shop solicitation period, and a reciprocal termination fee of $1.152 million under defined conditions.

• Harte Hanks agreed to be acquired by Star Equity Holdings, offering stockholders an election of $5.00 per share in cash or 0.50 shares of Star 10% Series A Cumulative Perpetual Preferred Stock, capped at $19.2 million in total cash.
• Debt financing for the transaction is supported by an anticipated drawdown of up to $15.0 million on Harte Hanks's credit facility with Texas Capital Bank.
• The merger agreement provides a 30-day go-shop period to solicit superior proposals and specifies a termination fee of $1.152 million.

Revenue Experience Orchestration: Building Predictable Growth Across the Customer Journey

New blog post by Alex Gill, Global Head of Strategy at Harte Hanks, discussing revenue experience orchestration and building predictable growth across the customer journey.