DallasNews (DALN)announced that leading independent proxy advisory firm, Institutional Shareholder Services, 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. ISS is the second leading proxy advisor to recommend shareholders vote FOR the Hearst Merger following the report issued by Glass, Lewis & Co. ISS concluded that: “Given the premium to the unaffected price, the downside risk in the event of non-approval, and the cash form of consideration, which provides liquidity and certainty of value to DALN shareholders, support for the transaction is warranted.”
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