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Amendment No. 6 to Schedule 13D for DallasNews Corp (Series A Common Stock) reports that shareholders approved an Agreement and Plan of Merger and that on September 24, 2025 the Issuer merged into a Hearst subsidiary. At closing each issued and outstanding share of Series A Common Stock held by the Reporting Persons was cancelled and converted into the right to receive $16.50 in cash per share, net of applicable withholding taxes. As of the closing date the Reporting Persons beneficially own 0 shares and no longer own more than 5% of the Series A Common Stock outstanding. This Amendment otherwise leaves prior disclosures intact.
DallasNews Corp (DALN) Schedule 13D/A discloses that a group of related Gabelli reporting persons have, as a result of the completion of the merger with Hearst, ceased to beneficially own any Series A common stock of the issuer. The filing lists the Reporting Persons (including GGCP, GAMCO, Gabelli Funds, Teton Advisors, Associated Capital Group and Mario J. Gabelli) and their organizational details. The registrants state they filed the long-form Schedule 13D for compliance though they may have qualified for a short form. The filing shows detailed sell transactions on September 24, 2025 at $16.50 per share by multiple Gabelli funds and advisers, and states the group ceased to be beneficial owners of 5% or more on that date.
DallasNews Corp director Robert W. Decherd reported multiple open-market sales of the company's common stock on 09/24/2025. He sold 78,165 shares of Series A common stock and a total of 590,605 shares of Series B common stock (comprised of 514,376 direct sales, 75,072 sales by shares he previously held indirectly, and 1,157 shares disposed by his spouse) at a reported price of $16.50 per share. After these transactions the filing reports 0 shares beneficially owned following the reported sales for each line. The reporting person is identified as a director and disclaims beneficial ownership of securities owned by his spouse.
Robert W. Decherd no longer beneficially owns any Series A or Series B common shares of DallasNews Corp following a merger in which each outstanding share was converted into $16.50 in cash. The filing states that, under the Merger Agreement, the issuer became a wholly owned subsidiary of the buyer and all of Mr. Decherd's shares were cancelled and converted into the cash consideration. The statement confirms no other transactions were effected by the reporting person and that he ceased to be a beneficial owner of the named classes of stock as a result of the closing.
The filing shows that director Dunia A. Shive disposed of 3,761 shares of Series A common stock of DallasNews Corporation (DALN) on 09/24/2025 at a cash consideration of $16.50 per share. The disposal resulted from the companys merger agreement under which each outstanding Series A and Series B share (other than dissenting or excluded shares) was cancelled and converted into the right to receive $16.50 in cash per share, net of applicable withholding taxes. Following the transaction, the reporting persons beneficial ownership of Series A common stock is reported as 0 shares.
This Form 4 reports that Mary K. Murray, an officer of DallasNews Corporation (DALN), disposed of 13,369 shares of Series A common stock on 09/24/2025 in connection with a merger. Under the Agreement and Plan of Merger dated July 9, 2025, each issued and outstanding share of Series A and Series B common stock (other than dissenting and excluded shares) was cancelled and converted into the right to receive $16.50 in cash per share, net of withholding. Following the reported transaction Murray reports 0 shares beneficially owned. The filing is signed by Katy Murray.
DallasNews Corp insider sale tied to completed merger. Chief Executive Officer and Director Grant S. Moise reported disposition of 6,308 shares of Series A common stock on 09/24/2025 at a cash price of $16.50 per share. The filing states the shares were cancelled and converted into the right to receive $16.50 per share in cash under the Agreement and Plan of Merger dated July 9, 2025, as amended, leaving the reporting person with 0 Series A shares following the transaction. The sale reflects consummation of the Merger in which DallasNews became a wholly owned subsidiary of Hearst Media West, LLC.
Ronald D. McCray, a director of DallasNews Corporation (DALN), reported the disposition of his Series A common stock on 09/24/2025. The Form 4 shows 7,534 shares of Series A common stock were disposed of at a price of $16.50 per share, leaving 0 shares beneficially owned following the transaction. The filing explains these shares were cancelled and converted into the right to receive $16.50 in cash per share under the Agreement and Plan of Merger dated July 9, 2025, by which DallasNews became a wholly owned subsidiary of Hearst Media West, LLC. The sale was effected pursuant to that merger agreement.
DallasNews Corp insider disposition tied to completed merger. Director John A. Beckert reported a disposition of 13,910 shares of Series A common stock on 09/24/2025 at a transaction price of $16.50 per share. The filing states these shares were cancelled and converted into the right to receive $16.50 in cash under the Agreement and Plan of Merger dated July 9, 2025, as amended, by and among DallasNews Corporation, Hearst Media West, LLC, Destiny Merger Sub, Inc., and Hearst Communications, Inc. The Form 4 reflects the treatment of issued and outstanding Series A and Series B shares (other than dissenting or excluded shares) at the effective time of the Merger.