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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)

Mediagazer · last updated

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 …