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DallasNews Board Rejects Alden's $20 Per Share Non-Binding Proposal, Reaffirms Support For Hearst Merger Agreement

Benzinga·09/18/2025 10:38:57
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  • 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