Transaction Represents an Approximately 100% Premium to Harte Hanks' Unaffected Share PriceHarte Hanks Shareholders to Receive 50% Cash and 50% in Star Equity 10% Preferred Stock CHELMSFORD, MA / ACCESS

Star Equity to acquire Harte Hanks for $68.2 million. * August 14, 2026 Harte Hanks, Inc. (HHS) entered into a merger agreement on August 14, 2026, to be acquired by Star Equity Holdings, Inc. (STRR) in a deal valued at $68.2 million. Deal structure: Harte Hanks shareholders may elect to receive either $5 in cash per share, representing a premium of 77.94% from the stock's last close. The cash consideration is subject to a cap equal to 50% of the total transaction consideration, or about $19.2 million. Or the shareholders may elect to receive 0.50 shares of Star Equity's 10% Series A Cumulative Perpetual Preferred Stock (STRRP) for each Harte Hanks share, based on its $10 per-share liquidation preference. Company profile: Harte Hanks is a customer experience and marketing services company that provides data analytics, marketing, customer care, fulfillment, and logistics solutions. It serves B2B and consumer-focused clients across sectors including financial services, retail, healthcare, and other industries. Star Equity is a diversified holding company with businesses in building solutions, recruitment and staffing, energy services, and investments. It manufactures building products, provides workforce solutions, supplies drilling equipment, and manages real estate and investments. Deal timeline and advisors: The merger agreement provides for a 30-day go-shop period, during which Harte Hanks and its advisers may actively solicit, evaluate, and negotiate alternative acquisition proposals. The go-shop period expires on September 13, 2026. The deal is expected to close within roughly 60 to 90 days. Citizens Capital Markets & Advisory and Oaklins DeSilva + Phillips have been selected as Harte Hanks' financial advisors, while Baker Botts will serve as the company's legal advisor. Star Equity is paying 9.31 times EBITDA for Harte Hanks. Deal Metrics: The Deal Metrics page provides comprehensive data about each merger or acquisition, including: * A historical spread chart of the merger from the announcement date to completion or termination. * A timeline of events as the merger progresses through various stages - HSR period expiration, regulatory approvals, shareholder votes, and more. * Access to news and SEC filings related to the deal. * A log of deal updates. * And much more. Disclaimer: This article is intended for informational purposes only. Please conduct your own due diligence before buying or selling any securities mentioned in this article. Inside Arbitrage, LLC do not guarantee the completeness or accuracy of the content or data provided in this article. Editor's Note: Baranjot Kaur contributed to this article

Enhancing patient outcomes through a patient support program and connected healthcare ecosystem. Delivering tailored patient support services to boost healthcare outcomes and patient satisfaction. A leading global pharmaceutical company. The client needed a comprehensive, patient-centric program to improve the experience and health outcomes of patients using a specific medication. They wanted to create an ecosystem that connected patients, healthcare providers, caregivers, and pharmacies in a seamless, integrated manner. The challenge was to ensure that all these stakeholders could easily share information and communicate effectively, ultimately helping patients stay on their medication regimen and achieve better health outcomes. Harte Hanks Inc partnered with the client to design and implement a multichannel patient support program that catered to their unique needs. This solution included: * Segmented Patient Communication: Harte Hanks Inc mapped out the entire patient journey and created customized content for different patient segments. This ensured that each patient received timely and relevant information tailored to their specific health condition and treatment plan. * Interactive Patient Platform: Harte Hanks Inc developed a responsive website where patients could access a variety of resources and tools relevant to their condition. This platform provided educational content, reminders, and other support to help patients adhere to their treatment regimen. * Healthcare Provider Portals: Harte Hanks Inc built web portals that allowed healthcare providers to interact directly with patients, ensuring seamless communication and better care coordination. * CRM Integration: Harte Hanks Inc connected all digital touchpoints via a centralized CRM, linking patients with home care services, pharmacies, and other essential support systems. * Comprehensive Communication Channels: The program included email and SMS reminders, welcome kits, and ongoing support to keep patients engaged and informed throughout their treatment. * Data-Driven Insights: Harte Hanks Inc designed a real-time data portal that allowed its client to monitor and analyze program performance, helping them make informed decisions to optimize outcomes. The implementation of its solution yielded impressive results for its client: This collaboration not only transformed the patient experience but also empowered the client to deliver a seamless, integrated care ecosystem that drove meaningful improvements in patient outcomes and engagement on a global scale. Also of Interest Contact Harte Hanks Inc and let's chat about what Harte Hanks Inc can do for you. SPECIALTIES