• by Ray Schultz , September 15, 2025

Hearst has increased its offer for DallasNews Corp. by $1.50 per share.  

On Monday, DallasNews announced an amendment to the agreement to sell to Hearst. 

The new offer is $16.50 per share in cash, up from its most recent bid of $15 per share. When the deal was first announced, the price offered by Hearst was $14 per share.  

Hearst’s new bid represents a premium of 276% over the $4.39 closing price per share on July 9, 2025.  

The rival bidder, Alden Global Capital’s MNG Enterprises, had raised its offer to $18.50 per share, but had not increased its offer at deadline. If nothing else, the firm has driven the price up for Hearst.  

“With this best and final increase to our offer, we are clearly demonstrating our commitment to providing significant value to DallasNews shareholders and further illustrating our belief that DallasNews has a bright future as part of the Hearst family,” says Jeff Johnson, president of Hearst Newspapers. 

The Hearst bid is supported by DallasNews Corp.’s largest single shareholder, Robert W. Decherd, who has repeatedly stated he will not agree to a sale to Alden Global Capital. And the Hearst merger has won the unanimous approval of DallasNews Corp.’s board of directors.  

Shareholders will vote next week.