Pablonius Monk 🇺🇦Disaster averted 📰
DallasNews Corporation board formally rejects Alden affiliate offer as Hearst ups bid
The board also voted to implement a shareholder rights plan to hold off Alden.
#Dallas #Journalism #LocalJournalism #Newspaper #Texas #Hearst
The Dallas Morning News' parent company fends off Alden Global Capital bid
The board implemented a shareholder rights plan, a disincentive against MediaNews Group attempting to acquire further stakes in DallasNews. The maneuver is also sometimes called a “poison pill.”
#Dallas #KERA #KERANews #DallasMorningNews #Newspaper #Journalism #Hearst #Alden
