DallasNews (DALN)announced that it has entered into an amendment to the definitive agreement governing the company’s pending merger with Hearst, 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.
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Read More on DALN:
- DallasNews announces ISS recommended shareholders vote ‘FOR’ merger with Hearst
- DallasNews announces Glass Lewis recommends shareholders vote ‘FOR’ merger
- DallasNews rejects revised non-binding proposal from affiliate of Alden Global
- MNG Enterprises raises offer for DallasNews to $18.50 per share in cash
- DallasNews issues letter to shareholders related to Hearst merger