DallasNews ( (DALN) ) just unveiled an announcement.
On March 11, 2025, DallasNews Corporation completed the sale of its Plano, TX printing facility for $43.5 million, as part of its strategy to streamline operations and fully fund its pension liabilities. The sale marks a significant step in the company’s Return to Growth Plan, providing financial certainty for over 1,300 employees’ retirement benefits and allowing Denago EV to use the facility for production, enhancing DallasNews Corp.’s industry positioning.
More about DallasNews
DallasNews Corporation is a Dallas-based holding company that owns The Dallas Morning News, Texas’ leading daily newspaper known for its regional focus and journalistic excellence, and Medium Giant, an integrated creative marketing agency with offices in Dallas and Tulsa. The Dallas Morning News has won nine Pulitzer Prizes, while Medium Giant has received numerous industry awards, including an AAF Addy and the AMA DFW Annual Marketer of the Year Award.
YTD Price Performance: -3.69%
Average Trading Volume: 41,929
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $34.63M
See more data about DALN stock on TipRanks’ Stock Analysis page.