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Independent Proxy Advisor Confirms Hearst Merger Delivers Certain and Immediate Value for Shareholders at a Substantial Premium
Glass Lewis Believes Proposed Terms of Hearst Merger Approximate the Maximum Value Available
DallasNews Board Recommends Shareholders Vote FOR the Hearst Merger to Secure a Certain and Significant Premium
DALLAS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (NASDAQ:DALN) (the "Company" or "DallasNews"), the holding company of The Dallas Morning News and Medium Giant, announced today that leading independent proxy advisory firm, Glass, Lewis & Co. ("Glass Lewis") 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 (the "Hearst Merger") which reflects a significant premium 242% over the $4.39 closing price per share of Series A Common Stock on July 9, 2025.
Posted In: DALN
