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PHILADELPHIA, July 23, 2026 (GLOBE NEWSWIRE) — Kaskela Law is investigating the adequacy of the Utz Brands, Inc. (NYSE: UTZ) (“Utz”) shareholder buyout proposal to determine whether Utz shareholders may be able to obtain a higher price for their shares.
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BACKGROUND:
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On July 21, 2026, Utz announced that it had agreed to be acquired by European snack manufacturer Intersnack Group GmbH & Co. KG (“Intersnack”) at a price of $14.25 per share in cash. Following the closing of the proposed transaction, Utz shareholders will be cashed out of their investment position and the company’s public shareholders will not be able to realize any future financial or operational upside at the post-transaction company.
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THE INVESTIGATION:
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The investigation seeks to determine whether Utz investors will be receiving sufficient financial consideration for their shares. Critically, at the time the buyout transaction was negotiated and announced, several stock analysts were maintaining price targets for Utz shares higher than the buyout price, including one analyst who was long maintaining a price target of over $20.00 per share for Utz shares – over 30% higher than the proposed buyout price. Additionally, the agreed-to buyout price is lower than the stock’s recent 52-week high price.
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HOW TO PROTECT YOUR INVESTMENT
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Utz shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email at [email protected] for additional information about their legal rights and options. Investors may also request additional information about this investigation and their options by clicking on the following link (or by copying and pasting the link into your browser):
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ABOUT KASKELA LAW:
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Kaskela Law exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has helped to recover over $500 million for investors. For additional information about Kaskela Law, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.
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KASKELA LAW LLC
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
www.kaskelalaw.com
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This communication may constitute attorney advertising in certain jurisdictions.
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English (US)