DallasNews stock surges over 200% on Hearst takeover

4 hours ago 1

• M&A
• Consumer

Pgiam/iStock Unreleased via Getty Images

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

Recommended For You

More Trending News

See More »

1. Homepage
2. Politics
3. DallasNews stock surges over 200% on Hearst takeover