Hudson Global (HSON) and Star Equity (STRR) said late Wednesday they have struck an all-stock merger deal, with Hudson to be the surviving public entity.
Hudson will issue 0.23 of its stock for each Star share, the companies said. Star will merge into a Hudson subsidiary that will be owned by about 79% of Hudson shareholders and the rest by Star investors.
They said the merger would increase scale, diversify revenue streams, and leverage overhead and public company costs. They expect to close the deal in the second half of 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.