DallasNews (DALN)Corporation, the holding company of The Dallas Morning News and Medium Giant, announced that its Board of Directors, following consultation with the Company’s legal and financial advisors, reviewed and rejected the revised, non-binding proposal received on August 19, 2025, from MNG Enterprises, an affiliate of Alden Global Capital, to acquire all of the issued and outstanding shares of the Company’s common stock at $18.50 per share in cash.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DALN:
- MNG Enterprises raises offer for DallasNews to $18.50 per share in cash
- DallasNews issues letter to shareholders related to Hearst merger
- DallasNews Corporation Announces Special Meeting for Proposed Merger with Hearst Media
- DallasNews Corporation Reports Q2 2025 Financial Results
- DallasNews files preliminary proxy statement in connection with Hearst merger
