DallasNews (NASDAQ: DALN) surged 15.8% in pre-market trading on July 23, 2025, reaching $15.83 on elevated volume.
The rally follows news that MNG Enterprises, affiliated with Alden Global Capital, made an unsolicited offer to acquire all outstanding DALN shares for $16.50 per share in cash. This bid tops a prior definitive agreement with Hearst at $14.00 per share, driving investor interest and the stock’s sharp rise.
