Utz Sets November 13 Vote on $14.25/Share Intersnack Buyout
UTZ has more than doubled off its 52-week low of $6.78.
Summary
Utz Brands filed its definitive proxy statement for the November 13, 2026 special meeting to approve the $14.25 per share all-cash acquisition by Intersnack Group. Regulatory clearances are complete; stockholder vote is the key remaining step.
Key Events · M&A and Partnerships · UTZ
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Special Meeting Set for November 13
Utz will hold a virtual special meeting on November 13, 2026 at 9:00 a.m. ET to vote on the Transaction Proposal, Compensation Proposal, and Adjournment Proposal. Record date is September 28, 2026.
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Regulatory Clearances Complete
HSR waiting period expired September 9, 2026 and Ukraine antitrust clearance was obtained September 17, 2026. No further regulatory approvals are required.
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Board and Special Committee Unanimously Recommend Approval
The Special Committee and Utz Board (with Lissette and Brown abstaining) unanimously recommend voting FOR all three proposals. Citi delivered a fairness opinion to the Special Committee.
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42.14% of Voting Power Committed to Approve
Voting Agreement Stockholders, including Series U, Series R, Dylan Lissette, Timothy Brown, and the Rice Family Foundation, have agreed to vote in favor of the Transaction Proposal.
Analysis · UTZ · Manufacturing
Utz Brands filed its definitive proxy statement for the special meeting to approve the $2.9 billion all-cash acquisition by Intersnack Group at $14.25 per share. The meeting is set for November 13, 2026, with a record date of September 28, 2026. Both required regulatory clearances — HSR (expired September 9) and Ukraine (obtained September 17) — are now satisfied, leaving stockholder approval as the primary remaining condition. The Special Committee and Board unanimously recommend approval, and holders of 42.14% of voting power have agreed to vote in favor via the Voting Agreement. This filing finalizes the proxy materials and sets the vote date, moving the deal toward expected Q4 2026 completion.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1070 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UTZ was trading at $14.25 on NYSE in the Manufacturing sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $6.78 to $14.33. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.