Dallasnews CORP
Market Movers (8-K)
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Dallasnews CORPDallasNews Corporation has completed its merger with Hearst Media West, LLC, with shareholders receiving $16.50 per share in cash, leading to its delisting from Nasdaq.
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Dallasnews CORPDallasNews Corporation shareholders have approved the merger agreement with Hearst Media West, LLC, making the company a wholly-owned subsidiary of Hearst.
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Dallasnews CORPDallasNews Corporation announced an amendment to its merger agreement with Hearst, increasing the per-share cash consideration to $16.50, representing a 276% premium.
Better than expected
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Dallasnews CORPDallasNews Corporation reported a net loss of $33.5 million in Q2 2025 due to a significant non-cash pension settlement charge, while simultaneously announcing a definitive merger agreement with Hearst Media West, LLC for $15.00 per share.
Better than expected
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Dallasnews CORPDallasNews Corporation increased its merger agreement price with Hearst to $15.00 per share, rejected an unsolicited $16.50 per share proposal from Alden Global Capital, and adopted a shareholder rights plan to protect the Hearst transaction.
Better than expected
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Dallasnews CORPDallasNews Corporation has received an unsolicited, non-binding acquisition proposal from MNG Enterprises for $16.50 per share in cash, exceeding its prior definitive agreement with Hearst for $14.00 per share.
Better than expected
Quarterly Earnings (10-Q)
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Dallasnews CORPDallasNews Corporation reported a net loss in Q2 2025 due to a significant pension settlement charge, despite an operating income increase driven by the sale of its Plano printing facility, while also announcing a definitive merger agreement with Hearst Media West, LLC for $15.00 per share and rejecting a higher unsolicited offer of $16.50 per share.
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Dallasnews CORPDallasNews Corporation reports a significant increase in net income for Q1 2025, driven by a gain from the sale of its Plano printing facility and offset by revenue declines in its core business segments.
Delay expected
Better than expected
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Dallasnews CORPDallasNews Corporation's third quarter results show a net loss, impacted by declining print revenue and costs associated with a strategic shift to a smaller printing facility, while the company focuses on digital growth and agency services.
Worse than expected
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Dallasnews CORPDallasNews Corporation reported a net income of $1.45 million for the second quarter of 2024, a significant improvement compared to a net loss of $868,000 in the same period last year, while navigating a strategic shift in its printing operations.
Better than expected
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Dallasnews CORP10-Q: DallasNews Corporation Reports First Quarter 2024 Results with Revenue Decline and Cost Reductions
DallasNews Corporation experienced a decrease in revenue and a net loss in the first quarter of 2024, while also implementing cost-cutting measures.
Worse than expected
Annual Reports (10-K)
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Dallasnews CORPDallasNews Corporation reports a net income of $131,000 for FY2024 and completes the sale of its North Plant Property for $40.651 million.
Better than expected
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Dallasnews CORPDallasNews Corporation's 2023 annual report reveals a continued decline in print advertising revenue, offset partially by growth in digital subscriptions and marketing services.
Worse than expected
Insider Trading (Form 4)
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Dallasnews CORPRobert W. Decherd, a Director and 10% owner of DallasNews Corp, sold 668,770 shares of Series A and Series B Common Stock for $16.5 per share, totaling approximately $11 million.
Worse than expected
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Dallasnews CORPDallasNews Corp Director Dunia A. Shive disposed of 3,761 Series A Common Stock shares at $16.50 each following the company's merger with Hearst Media West, LLC.
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Dallasnews CORPDallasNews Corp executive Mary K. Murray disposed of 13,369 Series A Common Stock shares at $16.50 each following the company's merger with Hearst Media West, LLC.
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Dallasnews CORPDallasNews Corp CEO Grant Moise disposed of 6,308 Series A Common Stock shares at $16.50 each following the company's merger with Hearst Media West, LLC.
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Dallasnews CORPRonald D. McCray, a director of DallasNews Corp, disposed of 7,534 shares of Series A Common Stock at $16.50 per share as part of the company's merger with Hearst Media West, LLC.
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Dallasnews CORPDallasNews Corp Director John A. Beckert disposed of 13,910 Series A Common Stock shares at $16.50 each following the company's merger into a Hearst Media West subsidiary.
Proxy Statements (Def-14A)
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Dallasnews CORPDallasNews Corporation's Board of Directors reaffirmed its recommendation for the $16.50 per share Hearst merger, rejecting Alden Global Capital's $20 per share non-binding proposal.
Worse than expected
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Dallasnews CORPHearst has increased its all-cash offer for DallasNews Corporation to $16.50 per share, representing a 276% premium, and urges shareholders to vote for the merger.
Better than expected
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Dallasnews CORPDallasNews Corporation is urging shareholders to vote for the Hearst merger, offering an all-cash payment of $15.00 per share, representing a 242% premium.
Better than expected
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Dallasnews CORPDallasNews Corporation urges shareholders to vote for the enhanced $16.50 per share all-cash acquisition offer from Hearst, representing a 276% premium.
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Dallasnews CORPDallasNews Corporation shareholders will now receive $16.50 per share in cash for the merger with Hearst Media West, LLC, an increase of $1.50 per share.
Better than expected
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Dallasnews CORPDallasNews Corporation announced an amendment to its merger agreement with Hearst, increasing the per share cash consideration to $16.50.
Better than expected
Schedule 13D - Activist Investments
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Dallasnews CORPDallasNews Corp shareholders approved the merger with Hearst Media West, LLC, leading to the company becoming a wholly-owned subsidiary and reporting persons ceasing beneficial ownership.
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Dallasnews CORPAn investment group led by Mario Gabelli has divested its entire stake in DallasNews Corp following the completion of its merger with Hearst.
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Dallasnews CORPDallasNews Corp became a wholly-owned subsidiary of Hearst Media West, LLC on September 24, 2025, following a merger agreement.
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Dallasnews CORPA group of investment entities led by Mario Gabelli has increased its beneficial ownership in DallasNews Corp to 7.14% of Series A Common Stock.
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Dallasnews CORPMNG Enterprises, Inc. has submitted an improved merger proposal to acquire DallasNews Corp for $20.00 per share in cash, a 21% premium over Hearst's $16.50 offer.
Better than expected
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Dallasnews CORPMajor shareholders, including GAMCO and Gabelli Funds, now intend to vote in favor of DallasNews Corp's acquisition by Hearst Communications Inc. following an increased purchase price.
Better than expected
Schedule 13G - Passive Investments
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Dallasnews CORPBeryl Capital Management and its affiliates have filed an amended Schedule 13G, reporting zero beneficial ownership in DallasNews Corp Series A Common Stock.
Worse than expected
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Dallasnews CORPDenver J. Smith, CRC Founders Fund, LP, and Carlson Ridge Capital, LLC collectively reported a 3.19% beneficial ownership stake in DallasNews Corp's Series A Common Stock.
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Dallasnews CORPAllspring Global Investments Holdings, LLC has filed an amendment to its Schedule 13G, reporting a 0% beneficial ownership in DallasNews Corp common stock.
Worse than expected
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Dallasnews CORPBeryl Capital Management LLC, Beryl Capital Management LP, and David A. Witkin have disclosed a 9.9% beneficial ownership stake in DallasNews Corp's Series A Common Stock.
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Dallasnews CORPCovista Capital Corp. has disclosed a beneficial ownership of 4.96% of DallasNews Corp.'s common series A shares, holding 235,000 shares with sole voting and dispositive power.
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Dallasnews CORPCanadian investment fund manager Covista Capital Corp. has filed an amended Schedule 13G, revealing a 10.85% beneficial ownership in DallasNews Corp.'s Series A securities.