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Utz Brands Stock Surges 90% After $2.9 Billion Take-Private Deal

BenzingaJul 21, 2026, 3:36 PMLekha Gupta

Utz Brands shares surged after Intersnack Group agreed to acquire the snack maker in a $2.9 billion take-private transaction.

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benzinga
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Jul 21, 2026, 3:36 PM
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Jul 21, 2026, 3:36 PM
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Keep reading

  1. Globenewswire IncJul 31, 2026, 10:46 AMBleichmar Fonti & Auld Llp

    $UTZ Securities: Think the $14.25 per share Offer for Utz Brands is Low? BFA Law Reminds Current Shareholders to Contact the Firm

    Securities law firm BFA Law is investigating Utz Brands' take-private merger with Intersnack Group at $14.25 per share, alleging potential breaches of fiduciary duty. The Rice and Lissette founding families will own 50% of the post-merger company while public shareholders cannot roll their shares into the new entity, raising concerns about unequal treatment and fair valuation.

    Read original at globenewswire-inc