The Dallas Morning New acquires Pegasus News

The Dallas Morning News has acquired Pegasus News, an online news and information business serving Dallas-Fort Worth, from PanLocal Media LLC, a subsidiary of Archstream LLC of Dallas.  Terms of the deal were not disclosed.

Rich Alfano, General Manager of The Dallas Morning News’ Arts and Entertainment business, said, “Pegasus News allows us to reach more consumers and strengthens our ability to provide the latest and most relevant information about places to visit, events, music and restaurants.  Pegasus News’ hyperlocal data provides consumers with information on approximately 225,000 places, 5,000 events, 4,200 restaurants, 2,500 bands and Friday Night specials.”

USA, Dallas, TX