$UTZ Investigation News: The Utz Brands Investigation into the Announced Merger is Ongoing – Contact BFA Law if You Hold Shares

The Utz Brands Investigation into the Announced Merger is Ongoing – Contact BFA Law if You Hold Shares. Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating the take-private merger of Utz Brands, Inc. (NYSE: UTZ), through which the founding Rice and Lissette family (through various entities) will own 50% of the post-merger company. If you are a current shareholder of Utz Brands, you are encouraged to obtain additional information. Breaches of Fiduciary Duty in connection with Intersnack Group’s offer to acquire Utz Brands for $14.25 per share. On July 21, 2026, Utz announced that it had entered into a definitive agreement under which Intersnack Group will acquire all Utz Class A Common Stock for $14.25 per share in cash. As a part of the merger, the Rice and Lissette family (as well as certain affiliates) have agreed to vote shares representing approximately 42% of Utz’ common stock in favor of the transaction. After the merger, the Rice and Lissette family group will own 50% of the post-merger company, representing an approximate 8% gain in their collective ownership. Public shareholders, who are being asked to vote to approve the transaction, have not had the same opportunity to roll their shares into the post-merger entity. BFA is investigating whether the negotiation or terms of the merger may represent a breach of fiduciary duty by any of Utz’ directors, or by the Rice and Lissette family as potential controllers of the corporation. If you are a current holder of Utz stock, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.