DallasNews turns down MNG's updated proposal; board suggests merging with Hearst
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
0mins
Source: SeekingAlpha
DallasNews Board Decision: The board of DallasNews has reviewed and rejected a revised acquisition proposal from MNG Enterprises at $20.00 per share, while reaffirming support for the merger with Hearst.
Hearst's Increased Offer: Hearst has raised its acquisition offer for DallasNews to $16.50 per share from a previous $15.00, with proxy advisory firms ISS and Glass Lewis recommending shareholders vote in favor of the deal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
