DallasNews completes $16.50/share all-cash merger with Hearst; stock delisted

DallasNews Corp

Shareholders receive $16.50 per share in cash; stock ceases trading after Sept 24, 2025.
Merger closed Sept 24, 2025; approved by shareholders at special meeting Sept 23, 2025.
DallasNews becomes wholly owned by Hearst; The Dallas Morning News and Medium Giant now operate under Hearst.
Pre-merger directors (Moise, Beckert, Caldera, McCray, Shive) resigned; new directors Johnson and Reinhardt appointed.
Pre-merger officers resigned; Moise reappointed, along with Johnson, Reinhardt, Kors, McDonald, Bostron, Redman as officers.

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