UPDATE, Sept. 23: The Dallas Morning News reported today that DallasNews Corp. shareholders voted to sell the newspaper to Hearst Corp. for $16.50 a share, for a total valuation of $88.3 million. ORIGINAL STORY: The Dallas Morning News announced on Thursday morning that it is being bought by media giant Hearst. “Hearst Newspapers is committed to supporting The Dallas Morning News‘ continued success through smart investments in their digital strategy, compelling journalism and expanded audience reach,” Jeff Johnson, president of Hearst Newspapers, said in a statement shared with the Morning News. “The Dallas News Guild was surprised to learn this morning about the sale of our company to global media giant Hearst. The experiences of our colleagues at other Hearst newspapers have left us with concerns that we look forward to discussing with Hearst leadership.