M&A/Shareholder vote/2026/Utz Brands, Inc.
Utz Brands, Inc. UTZ
Idaho USA, Inc. is buying Utz Brands, Inc. (UTZ) for $14.25 cash a share. Idaho USA, Inc. is backed by Intersnack Group GmbH & Co. KG. Utz is a leading U.S. manufacturer of branded salty snacks including potato chips, tortilla chips, pretzels and cheese snacks sold through grocery, mass merchandisers, club, convenience and drug channels.
Holders get
$14.25 cash
Deal value
Not given
Expected close
Not given
Status
Pending
Checked
See the filing →
Filed
The deal
Idaho USA, Inc., backed by Intersnack Group GmbH & Co. KG, is buying Utz Brands, Inc. Utz makes salty snacks. Holders get $14.25 in cash per share.
The deal is expected to close after November 13, 2026. It needs stockholder approvals, HSR Act waiting period expiry or termination, no legal restraints, and accurate representations.
What has happened
Agreement signed · Utz Brands entered into a merger agreement with Idaho USA, Inc. for $14.25 per share in cash. · See the filing
Holders sent the terms and a meeting date
What must happen first
Requisite Stockholder Approvals
HSR Act waiting period expiry or termination
absence of legal restraints
accuracy of representations and warranties
The board says
The Utz Board unanimously recommends stockholders vote FOR the Transaction Proposal.