DallasNews Corporation board rejects Alden-owned MediaNews's bid and accepts an improved merger deal from Hearst, which raised its offer from $14 to $15/share (Amy Hollyfield/Dallas Morning News)
Amy Hollyfield / Dallas Morning News:
DallasNews Corporation board rejects Alden-owned MediaNews’s bid and accepts an improved merger deal from Hearst, which raised its offer from $14 to $15/share — The board also voted to implement a shareholder rights plan to hold off Alden. — DallasNews Corporation announced Monday …