DallasNews (DALN)Corporation announced that leading independent proxy advisory firm, Glass, Lewis & Co. 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 which reflects a significant premium 242% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025. John Beckert, Chairman of the Board, DallasNews, said: “We are pleased that Glass Lewis has recommended shareholders vote FOR the Hearst Merger. The Hearst Merger offers certain liquidity to shareholders and a significant all-cash premium on their investment. In addition, Hearst has a unique ability to complete the transaction, paired with a serious commitment to upholding the proud legacy of DallasNews. The Board is proud to recommend that all shareholders vote FOR this important and value creating merger.”
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