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flag Shareholders approved a $16.50-per-share merger with Hearst, ending the Dallas Morning News’s 140-year independence.

flag Shareholders of DallasNews Corporation have approved a merger with Hearst, ending the Dallas Morning News's independence after 140 years. flag The deal, valued at $16.50 per share in cash, integrates the newspaper and its marketing arm, Medium Giant, into Hearst Newspapers. flag Hearst now owns major Texas dailies including the Houston Chronicle and Austin American-Statesman, expanding its portfolio to 29 daily newspapers, 35 TV stations, and over 200 magazines. flag The acquisition follows an unsolicited offer from Alden Global Capital, which the board rejected in favor of Hearst. flag The transaction, expected to close soon, strengthens Hearst’s presence in key markets and supports local journalism.

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