---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-157392"
form_type: "8-K"
ticker: null
cik: "0001413898"
company_name: "DallasNews Corp"
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:43:43.372148+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# DallasNews to be acquired by Hearst for $14.00 per share in cash

## Summary
- Merger consideration: $14.00 in cash per share of common stock.
- Supporting shareholders (~55% voting power) agree to vote in favor.
- Closing requires two-thirds approval from each class plus net cash >= $20M.
- Termination fee of $3M payable to Parent under specified conditions.
- CEO Grant Moise and President Mary Kathryn Murray each get transaction bonuses ($1.65M/$850k).

## SEC filing metadata
- accession: 0001193125-25-157392
- form_type: 8-K
- cik: 0001413898
- company_name: DallasNews Corp
- filed_at: 2025-07-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413898/000119312525157392/0001193125-25-157392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413898/000119312525157392/d92838d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-157392
- JSON: https://secwatch.observer/filing/0001193125-25-157392.json
- Plain text: https://secwatch.observer/filing/0001193125-25-157392.txt

## Key facts
- Governance Changes
  DallasNews Corp: Amended and restated bylaws to change exclusive forum provision, add jury trial waiver, and establish minimum ownership threshold for derivative proceedings (effective 2025-07-09).
  - Change: bylaw amendment
  - Effective: 2025-07-09
  source text: On July 9, 2025, in connection with certain recent changes to the TBOC, the Board approved the amendment and restatement of the Company’s bylaws (as amended and restated, the “Second Amended and Restated Bylaws”), effective as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1413898/000119312525157392/0001193125-25-157392-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.