DallasNews Turns Down Alden. Again! – Merger Arbitrage Mondays

DallasNews Corporation (DALN): $14.93

Market Cap: $79.91M

Deal Value: $80.29M

We don’t often write about microcap deals but the twists and turns related to the DallasNews deal makes it a compelling situation to discuss even if the probability of a positive outcome for minority shareholders is low.

At the end of July, we covered this transaction in our Merge…