DallasNews receives unsolicited $16.50/share bid from Alden Global Capital affiliate

DallasNews Corp

MNG Enterprises (Alden Global Capital) offers $16.50/share cash for all DallasNews stock.
Proposal is unsolicited and non-binding; subject to conditions.
Existing merger agreement with Hearst at $14.00/share signed July 9, 2025.
Board of Directors reviewing MNG proposal; has not changed recommendation for Hearst deal.
DallasNews shareholders urged to await further board updates.

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