Dallas Morning News’s stock jumps more than 200% on Hearst acquisition news
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Hearst said it had agreed to pay a 219% premium on Wednesday’s closing price for shares of DallasNews Corp.
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July 10, 2025
07:57 PM
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Advanced ➔ Results Dallas Morning News’s stock jumps more than 200% on Hearst acquisition newsHearst said it had agreed to pay a 219% premium on Wednesday’s closing price for s of DallasNews Corp
Published: July 10, 2025 at 3:57 p
ETResizeListen(3 min)The Dallas Morning News was started in 1885 and has long been one of the most minent media organizations in Texas
Photo: Getty Imagess of the parent company of the Dallas Morning News, one of the most minent newspapers in Texas, soared more than 200% on Thursday on news that the publication was being sold to Hearst Corp
Driving the stock surge was Hearst’s announcement that it had agreed to pay $14 per for DallasNews Corp
DALN — a 219% premium over the stock’s closing price on Wednesday of $4
That amounts to a sales price of apximately $54
Alpert writes the media and entertainment industries for MarketWatch
He previously worked for the Wall Street Journal, New York Daily News, New York Post and the Associated Press
In 2019, he was part of a WSJ team awarded the Pulitzer Prize for national reporting
You can him on Twitter@lalpert1
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