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Clifford Chance

Clifford Chance
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News and awards

Clifford Chance advises Hearst on its proposed acquisition of DallasNews Corporation

July 10, 2025

Clifford Chance advises Hearst on its proposed acquisition of DallasNews Corporation

New York/Houston: Global law firm Clifford has advised information, services and media company Hearst on its proposed acquisition of DallasNews Corporation (Nasdaq: DALN). The companies signed a definitive agreement for the acquisition, in which DallasNews shareholders will receive US$14.00 in cash for each share of DallasNews common stock they own.

The Clifford Chance team was led by M&A partners Chang-Do Gong  and Benjamin Sibbett and M&A counsel Christine Kim. 

The wider multi-disciplinary team included:

  • Corporate: Partners Jon Bobinger and Robert Chung, and associate Michelle Green
  • Tax: Partner Philip Wagman and associate Sharon Yu
  • Employment & Benefits: Partner Reuven Falik and associate David Walsh
  • Real Estate: Counsel Vicky Manthas and law clerk Matthew Weksler
  • Environmental: Partner Ty'Meka Reeves-Sobers and associate Hannah Ebersole
  • Data Privacy: Partner Megan Gordon and associate Brian Yin
  • Intellectual Property: Partner Violetta Kokolus, counsel Daryl Fairbairn, associate Xanadu Halkias and lawyer Molly Margiotta