secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2026-07-22T12:32:23+00:00
Accession:  0001193125-26-311373
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 5.03, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Utz Brands to be acquired by Intersnack Group for $14.25 per share in cash
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- Merger consideration of $14.25 per share in cash for each share of Class A common stock.
- Special committee of disinterested directors unanimously approved the deal; board recommends stockholder approval.
- Closing conditions include stockholder vote, HSR waiting period expiration, and no legal restraint.
- Termination fee of $50 million payable by Utz in certain circumstances; outside date is April 20, 2027.
- Class V common stock held by continuing stockholders canceled for no consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000119312526311373/0001193125-26-311373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000119312526311373/d152441d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-311373

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