DallasNews Corporation announced the completion of its merger with Hearst, finalizing the acquisition of the Company. As a result, DallasNews shareholders will receive an all-cash consideration of $16.50 per share of DallasNews common stock.
With the merger now complete, The Dallas Morning News and Medium Giant will operate as part of Hearst, one of the nation's leading information, services, and media companies. This marks a new chapter for the Dallas-based media assets under Hearst's ownership.
Following the closing of the transaction, shares of DallasNews Series A common stock ceased trading on Nasdaq at the close of business on September 24, 2025. The merger agreement, initially announced on July 10, 2025, received shareholder approval at a Special Meeting held on September 23, 2025.
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