DallasNews stock surges over 200% on Hearst takeover

7 hours ago 2

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DallasNews (NASDAQ:DALN) surged more than 200% to $13.56/share on Thursday as the company will be taken over by New York-based media giant Hearst, ending nearly 140 years of local ownership of The Dallas Morning News.

Hearst will pay $14 in cash

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