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Dallas Morning News’s stock jumps more than 200% on Hearst acquisition news

Why This Matters

Hearst said it had agreed to pay a 219% premium on Wednesday’s closing price for shares of DallasNews Corp.

July 10, 2025
07:57 PM
2 min read
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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. The Author Lukas I. AlpertLukas I. 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. Show Conversation (0)Back To TopCopyright © 2025 MarketWatch, Inc. All rights reserved.

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