The DallasNews Corporation has struck a deal to sell its Plano-based printing operation for $43.5 million, part of a previously articulated strategy to shed assets and return to profitability.
In a regulatory filing posted Wednesday, the parent company of The Dallas Morning News said it entered into a Dec. 16 agreement with 2201 Luna Road LLC, which will reuse the building.
There is an inspection period that ends Jan. 17, in which 2201 Luna must inform DallasNews Corporation of its intention to proceed with the sale; otherwise, the transaction will close Feb. 1.
