Published 5 months ago

[Opinion] This overshadowed Trump ruling may be the one that matters most

Summary by Ground News

The SEC approved a merger between Trump Media & Technology Group and Digital World Acquisition Corp. If shareholders approve the merger, it would enable Trump Media to go public and Trump to own a stake worth about $4 billion. In the US, a political party's presidential nominee has never owned a major media platform worth so much.

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CNN

This overshadowed Trump ruling may be the one that matters most

The SEC’s approval of a merger between Trump Media & Technology Group and Digital World Acquisition Corp. could have even larger implications for Trump’s bank account — and, more importantly, the 2024 presidential election and the role of media and money in it — than the civil fraud ruling, writes David Zurawik.

5 months ago·Atlanta, United States

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KIFI

This overshadowed Trump ruling may be the one that matters most

Opinion by David Zurawik (CNN) — While the big news about former president Donald Trump last week was Friday’s nearly $355 million ruling against him in a civil fraud case, there was another piece of Trump-related financial news that did not get nearly as much attention: The Securities and Exchange Commission (SEC) approved a merger between Trump Media & Technology Group, which owns the social media platform Truth Social, and Digital World Acqui…

5 months ago·Idaho Falls, United States

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