In a statement, Utz Brands Inc. (NYSE:UTZ) said that it entered into a definitive agreement with Intersnack for the sale of all its outstanding shares at a price of $14.25 apiece. Upon closing, Utz Brands, Inc. (NYSE:UTZ) will become a private entity jointly and equally owned by Intersnack and its founders, the Rice and Lissette Family. The transaction is expected to close in the fourth quarter of 2026, subject to closing conditions, including approval of Utz Brands Inc.’s (NYSE:UTZ) shareholders. Earnings Call ScrappedIn line with the pending transaction, Utz Brands Inc. (NYSE:UTZ) said that it will no longer hold its previously announced second quarter earnings call on August 5, 2026. As of July 17, Balyasny Asset Management remained its largest hedge fund holder, owning $20.776 million of its shares, followed by Alyeska Investment Group with $20.26 million shares.