Company officials discussed plans for a cash payment due Friday from building sale during Wednesday morning earnings call.
reported 146,065 total subscribers, down slightly from 146,564 a year ago.
Katy Murray, president of DallasNews, said the board will consider all capital allocation possibilities, including pension obligations. “What we have to calibrate from a board standpoint is, what’s the cash requirement to enable the business to continue to improve and ultimately to have the stock price reflect the value of the business,” Decherd said.
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