DallasNews

DALN

Market cap $88.4M

The Dallas Morning News and Medium Giant Will Now Operate as Part of Hearst DallasNews to Cease Trading as a Public Company DALLAS, Sept. 24, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that the Company's pending merger with Hearst (the “Hearst Merger”) has now been completed and DallasNews shareholders will receive an all cash consideration of $16.50 per share of DallasNews common stock.

DallasNews Shareholders to Receive an All Cash Consideration of $16.50 Per Share The Dallas Morning News and Medium Giant to Join Hearst DALLAS, Sept. 23, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that shareholders approved the Company's pending merger with Hearst (the “Hearst Merger”) at the Company's Special Meeting of Shareholders held today (the “Special Meeting”).

Hearst's $16.50 All-Cash Offer Provides Certain Value and a 276% Premium Over the Closing Price Per Share of Series A Common Stock on July 9, 2025 Board Rejects Alden's Latest Illusory and Non-Binding Proposal DallasNews' Largest Shareholder Reiterates Support for the Hearst Merger, Highlighting Exceptional Premium for Shareholders DALLAS, Sept. 18, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that its Board of Directors (the “Board”), following consultation with the Company's legal and financial advisors, has reviewed and rejected the revised, non-binding proposal (the “Revised Alden Proposal”) received on September 16, 2025, from MNG Enterprises, Inc., an affiliate of Alden Global Capital (“Alden”), to acquire all of the issued and outstanding shares of the Company's common stock at $20.00 per share in cash, and has reaffirmed the recommendation that shareholders vote FOR approval of the Hearst Merger Agreement.

DallasNews Shareholders to Receive All-Cash Consideration of $16.50 Per Share, a 276% Premium Over the Closing Price Per Share of Series A Common Stock on July 9, 2025 Hearst Merger Provides Certainty of Value, Accelerated ROI, and Immediate Liquidity, While Eliminating Company Ownership Risks for Shareholders Board Unanimously Recommends that Shareholders Vote “FOR” the Hearst Merger to Secure the Future of DallasNews and Realize a Significant Premium on their Investment DALLAS, Sept. 15, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that it has entered into an amendment to the definitive agreement governing the Company's pending merger with Hearst (the “Hearst Merger”), one of the nation's leading information, services and media companies, which increases the per share purchase price to be paid by Hearst from $15.00 to $16.50 per share in cash, representing a premium of 276% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025.

ISS Agrees that Hearst Merger Delivers Certain and Immediate Value for Shareholders at a “Triple-Digit Premium” ISS in Agreement with Glass, Lewis & Co. Recommendation to Vote FOR the Hearst Merger DallasNews Board Reiterates Recommendation that Shareholders Vote FOR the Hearst Merger to Secure a Certain and Substantial Premium DALLAS, Sept. 09, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended shareholders vote FOR the pending merger with Hearst, one of the nation's leading information, services and media companies, for $15.00 per share in cash (the “Hearst Merger”) which reflects a significant premium 242% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025.

Independent Proxy Advisor Confirms Hearst Merger Delivers Certain and Immediate Value for Shareholders at a Substantial Premium Glass Lewis Believes Proposed Terms of Hearst Merger Approximate the Maximum Value Available DallasNews Board Recommends Shareholders Vote FOR the Hearst Merger to Secure a Certain and Significant Premium DALLAS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that leading independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”) has recommended shareholders vote FOR the pending merger with Hearst, one of the nation's leading information, services and media companies, for $15.00 per share in cash (the “Hearst Merger”) which reflects a significant premium 242% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025.

DALLAS, Aug. 27, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that its Board of Directors (the “Board”), following consultation with the Company's legal and financial advisors, reviewed and rejected the revised, non-binding proposal (the “Revised Alden Proposal”) received on August 19, 2025, from MNG Enterprises, Inc., an affiliate of Alden Global Capital (“Alden”), to acquire all of the issued and outstanding shares of the Company's common stock at $18.50 per share in cash. As previously announced, on July 9, 2025, DallasNews entered into a definitive agreement (as amended from time to time, the “Hearst Merger Agreement”) with Hearst, one of the nation's leading information, services and media companies, pursuant to which Hearst agreed to acquire all of the issued and outstanding shares of the Company's common stock at a price of $14.00 per share in cash.

Shareholders to Receive All-Cash Consideration of $15 Per Share, a 242% Premium Over the Closing Price Per Share of Series A Common Stock on July 9, 2025 Hearst Merger Provides Accelerated ROI and Immediate Liquidity, While Eliminating Company Ownership Risks for Shareholders Recommends Shareholders to Vote “FOR” the Hearst Merger to Realize Certain Value and Secure the Future of DallasNews DALLAS, Aug. 18, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that it has filed a definitive proxy statement in connection with its pending merger with Hearst, one of the nation's leading information, services and media companies, for $15.00 per share in cash (the “Hearst Merger”), representing a premium of 242% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025. Shareholders of record as of the close of business on August 14, 2025, are entitled to vote at the Company's Special Meeting of Shareholders to be held on September 23, 2025.

Despite a wider Q2 loss Y/Y, driven by pension charges, DALN improves agency profits and trimmed operating expenses, signaling focus on operational efficiency.

-- Reiterates Proposed Merger with Hearst as Path to Certain, Premium Shareholder Value -- DALLAS, Aug. 04, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, today filed a preliminary proxy statement in connection with its pending merger with Hearst, one of the nation's leading information, services and media companies, for $15.00 per share in cash (the “Hearst Merger”). The preliminary proxy statement is available on the investor relations section of the Company's website at https://investor.dallasnewscorp.com/sec-filings.