Alden Global Capital is aiming to outbid Hearst Communications in acquiring the Dallas Morning News, intensifying competition for the prominent Texas newspaper, as reported by the San Francisco Chronicle.
Hearst Communications has announced its acquisition of The Dallas Morning News and Beaumont Enterprise, expanding its media footprint in Texas. The deal marks a significant shift in regional news ownership.
Hearst Corporation is set to acquire both The Dallas Morning News and the Houston Chronicle, expanding its media footprint in Texas. The deal aims to bolster local journalism and digital growth in key markets.