DallasNews Rejects Increased Buyout Proposal From Alden

Dow Jones

Sep 18, 2025

By Colin Kellaher

DallasNews has rejected an increased buyout proposal from investment firm Alden Global Capital and once again urged its shareholders to support its deal to be acquired by publishing giant Hearst.

Alden, which already owns nearly 10% of DallasNews, earlier this week raised its non-binding proposal to buy the rest of the Dallas company to $20 a share from $18.50.

Alden's new bid is 21% higher than the $16.50 a share Hearst has agreed to pay for the publisher of the Dallas Morning News.

DallasNews on Thursday said its board reviewed and rejected Alden's non-binding bid, saying it isn't reasonably likely to lead to a superior proposal.

Robert Decherd, who controls more than 50% of DallasNews' voting power and can block any takeover, said he remains "totally committed" to the Hearst transaction and reiterated that there is no scenario in which he will vote in favor of a deal with Alden.

Decherd is the great-grandson of a Dallas Morning News co-founder.

DallasNews said it recommends that its shareholders vote in favor of Hearst's recently increased offer and once again warned that DallasNews will remain a public company and that its shares could return to their pre-announcement trading value of about $4 if the Hearst deal is voted down.

DallasNews shares closed Wednesday at $15.76.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

September 18, 2025 07:31 ET (11:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2568471936"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2568471936\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2568471936?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-18 19:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2568471936","market":"us","top_or_hot":-1,"title":"DallasNews Rejects Increased Buyout Proposal From Alden","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  DallasNews has rejected an increased buyout proposal from investment firm Alden Global Capital and once again urged its shareholders to support its deal to be acquired by publishing giant Hearst. \n</p>\n<p>\n  Alden, which already owns nearly 10% of DallasNews, earlier this week raised its non-binding proposal to buy the rest of the Dallas company to $20 a share from $18.50. \n</p>\n<p>\n  Alden's new bid is 21% higher than the $16.50 a share Hearst has agreed to pay for the publisher of the Dallas Morning News. \n</p>\n<p>\n  DallasNews on Thursday said its board reviewed and rejected Alden's non-binding bid, saying it isn't reasonably likely to lead to a superior proposal. \n</p>\n<p>\n  Robert Decherd, who controls more than 50% of DallasNews' voting power and can block any takeover, said he remains \"totally committed\" to the Hearst transaction and reiterated that there is no scenario in which he will vote in favor of a deal with Alden. \n</p>\n<p>\n  Decherd is the great-grandson of a Dallas Morning News co-founder. \n</p>\n<p>\n  DallasNews said it recommends that its shareholders vote in favor of Hearst's recently increased offer and once again warned that DallasNews will remain a public company and that its shares could return to their pre-announcement trading value of about $4 if the Hearst deal is voted down. \n</p>\n<p>\n  DallasNews shares closed Wednesday at $15.76. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 18, 2025 07:31 ET (11:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DallasNews Rejects Increased Buyout Proposal From Alden</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDallasNews Rejects Increased Buyout Proposal From Alden\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-18 19:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  DallasNews has rejected an increased buyout proposal from investment firm Alden Global Capital and once again urged its shareholders to support its deal to be acquired by publishing giant Hearst. \n</p>\n<p>\n  Alden, which already owns nearly 10% of DallasNews, earlier this week raised its non-binding proposal to buy the rest of the Dallas company to $20 a share from $18.50. \n</p>\n<p>\n  Alden's new bid is 21% higher than the $16.50 a share Hearst has agreed to pay for the publisher of the Dallas Morning News. \n</p>\n<p>\n  DallasNews on Thursday said its board reviewed and rejected Alden's non-binding bid, saying it isn't reasonably likely to lead to a superior proposal. \n</p>\n<p>\n  Robert Decherd, who controls more than 50% of DallasNews' voting power and can block any takeover, said he remains \"totally committed\" to the Hearst transaction and reiterated that there is no scenario in which he will vote in favor of a deal with Alden. \n</p>\n<p>\n  Decherd is the great-grandson of a Dallas Morning News co-founder. \n</p>\n<p>\n  DallasNews said it recommends that its shareholders vote in favor of Hearst's recently increased offer and once again warned that DallasNews will remain a public company and that its shares could return to their pre-announcement trading value of about $4 if the Hearst deal is voted down. \n</p>\n<p>\n  DallasNews shares closed Wednesday at $15.76. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 18, 2025 07:31 ET (11:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4111","symbol_name":"出版","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2568471936","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2568471936","pubTimestamp":1758195060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"DallasNews has rejected an increased buyout proposal from investment firm Alden Global Capital and once again urged its shareholders to support its deal to be acquired by publishing giant Hearst.Alden, which already owns nearly 10% of DallasNews, earlier this week raised its non-binding proposal to buy the rest of the Dallas company to $20 a share from $18.50.Alden's new bid is 21% higher than the $16.50 a share Hearst has agreed to pay for the publisher of the Dallas Morning News.DallasNews on Thursday said its board reviewed and rejected Alden's non-binding bid, saying it isn't reasonably likely to lead to a superior proposal.Robert Decherd, who controls more than 50% of DallasNews' voting power and can block any takeover, said he remains \"totally committed\" to the Hearst transaction and reiterated that there is no scenario in which he will vote in favor of a deal with Alden.DallasNews said it recommends that its shareholders vote in favor of Hearst's recently increased offer and onc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4111":"出版","DALN":"DallasNews Corporation"},"translate_title":"达拉斯新闻拒绝奥尔登增加的收购提议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DALN":0.9},"content_text":"By Colin Kellaher \n\n\n \n\n\n  DallasNews has rejected an increased buyout proposal from investment firm Alden Global Capital and once again urged its shareholders to support its deal to be acquired by publishing giant Hearst. \n\n\n  Alden, which already owns nearly 10% of DallasNews, earlier this week raised its non-binding proposal to buy the rest of the Dallas company to $20 a share from $18.50. \n\n\n  Alden's new bid is 21% higher than the $16.50 a share Hearst has agreed to pay for the publisher of the Dallas Morning News. \n\n\n  DallasNews on Thursday said its board reviewed and rejected Alden's non-binding bid, saying it isn't reasonably likely to lead to a superior proposal. \n\n\n  Robert Decherd, who controls more than 50% of DallasNews' voting power and can block any takeover, said he remains \"totally committed\" to the Hearst transaction and reiterated that there is no scenario in which he will vote in favor of a deal with Alden. \n\n\n  Decherd is the great-grandson of a Dallas Morning News co-founder. \n\n\n  DallasNews said it recommends that its shareholders vote in favor of Hearst's recently increased offer and once again warned that DallasNews will remain a public company and that its shares could return to their pre-announcement trading value of about $4 if the Hearst deal is voted down. \n\n\n  DallasNews shares closed Wednesday at $15.76. \n\n\n \n\n\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 18, 2025 07:31 ET (11:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}