Published 1 month ago

Truth Social merger approved, giving Trump potential source of cash

A vote was taken by DWAC shareholders to approve the merger with Trump Media & Technology Group.
Trump could potentially gain $3 billion from the merger, but will be unable to sell shares for at least six months.
Trump Media & Technology Group's social networking platform will soon begin trading on the Nasdaq stock market.

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BBC News

Why Trump may reap billions in Truth Social stock market merger

The Truth Social deal could generate an astonishing windfall for the ex-president as he fights legal fines.

1 month ago·United Kingdom

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The Guardian

Trump could net $3bn after investors approve Truth Social to go public

Plan approved by vote of shareholders in Digital World Acquisition, with which Trump’s business sought to combine

1 month ago·London, United Kingdom

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The Independent

Trump’s Truth Social is headed for Wall Street in merger that could reap billions

1 month ago·London, United Kingdom

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Reuters

Headline Unavailable

1 month ago·United Kingdom

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NDTV

Investors Greenlight Trump's $6 Billion Social Media Deal

Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors in a blank-check acquisition company approved a tie-up currently worth about $6 billion. The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.6 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, …

1 month ago·New Delhi, India

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Daily Express

Donald Trump set to be £2.3bn richer with new business deal

The former US president is set to make a profit on making his social media company, Truth Social, public but will it save him from his mounting legal fees?

1 month ago·United Kingdom

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