Added to YB: 2024-12-20
Pitch date: 2024-12-20
DALN [bullish]
DallasNews Corporation
+154.78%
current return
Author Info
No bio for this author
Company Info
DallasNews Corporation, together with its subsidiaries, publishes and sells newspapers in Texas. The company operates The Dallas Morning News, a newspaper; dallasnews.
Market Cap
$24.8M
Pitch Price
$6.48
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.38
P/E
232.00
EV/Sales
0.28
Sector
Media
Category
special_situation
DALN: Plano Facility Sale Marks Key Step in Unlocking Shareholder Value
DALN: Plano facility sale for $43.5M, closing Feb 1st. $54M NOLs shield gains. Post-deal -$3M EV at $32M mcap. 2nd largest TX paper, turnaround potential w/ $5M annual savings. Market skeptical, but Golabs needs space & flush post-Xmas. Downside protected by known property value. Same -EV as pre-announcement, but less uncertainty on catalyst.
Read full article (2 min)