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Hearst completes acquisition of DallasNews
Hearst has completed its acquisition of DallasNews; shareholders received $16.50 per share and trading of the Series A common stock was suspended on Nasdaq after the deal closed. Approval came at a special shareholders meeting, and DallasNews will become a wholly owned subsidiary of Hearst Media West. The Dallas Morning News and agency Medium Giant are to continue operating as part of Hearst; the stock traded near its 52-week high and, according to data, posted strong returns over the past year. » More on de.investing.com
DallasNews shareholders approve Hearst takeover at $16.50 per share
DallasNews shareholders have approved the takeover by Hearst at $16.50 per share. Upon closing, DallasNews will be valued at about $88 million and the stock will no longer be publicly traded. The Dallas Morning News and the agency Medium Giant will move into Hearst’s portfolio. Closing is expected around September 24, 2025; the board rejected a competing offer from MNG Enterprises. » More on de.investing.com
Shareholders of DallasNews approve merger with Hearst Media West
The shareholders of DallasNews voted at an extraordinary general meeting to approve the merger with Hearst Media West, making DallasNews a wholly owned subsidiary of Hearst. The merger proposal was approved by a large majority; votes of Series A and B met the required two‑thirds majorities. The board had favored Hearst’s cash offer after a revised bid from MNG Enterprises was rejected; Hearst is offering shareholders $15 per share, previously an increased offer of $16.50 had been cited. An analysis indicates the stock, after a 170% price rise in six months, may be trading above fair value. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2025 | YoY |
|---|---|---|
| Revenue | 25.25m | - |
| Gross profit | 13.72m | - |
| Net profit | -28.42m | - |
| EBITDA | -28.29m | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €78.86m |
Number of shares | 5.35m |
52-week high/low | €14.74 - €3.27 |
| Dividends | No |
Beta | 0.81 |
P/E ratio | 673.88 |
PEG ratio | -0.35 |
P/B ratio | 12.97 |
P/S ratio | 0.70 |
Company profile
DallasNews Corporation, together with its subsidiaries, operates as a local news and information publishing company in Texas. The company publishes The Dallas Morning News, a newspaper; Briefing, a newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related websites and mobile applications. It also offers commercial printing, distribution, direct mail, and shared mail packaging services. In addition, the company provides digital marketing services, such as multi-channel marketing solutions through subscription sales of its cloud-based software; digital and marketing analytics, search engine marketing, and other marketing related services; social media account management and content marketing services; and multi- channel digital advertising and marketing services campaigns, as well as operates Medium Giant, a full-service agency. The company was formerly known as A.H. Belo Corporation and changed its name to DallasNews Corporation in June 2021. DallasNews Corporation was founded in 1842 and is headquartered in Dallas, Texas.
| Name | DallasNews A |
| CEO | Grant S. Moise |
| Headquarters | Dallas,
tx USA |
| Website | |
| Sector | Communication Services |
| Industry | Media |
| IPO | 08/06/2021 |
| Employees | 461 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | DALN |