Shareholders on Friday approved a merger between President Donald Trump's media company and a publicly traded shell company, delivering a potential windfall to the presumptive GOP presidential nominee when he needs it the most.
The Truth Social account for former President Donald Trump is seen on a mobile device, Wednesday, March 20, 2024, in New York. Trump’s Truth Social looks set to hit Wall Street in a move that could give him stock worth …Shareholders on Friday approved a merger between President Donald Trump’s media company and a publicly traded shell company, delivering a potential windfall to the presumptive GOP presidential nominee when he needs it the most.
Importantly, Mr. Trump and other Trump Media shareholders are subject to a lockup provision that prevents them from selling their shares for six months.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection. While he’s since been reinstated to both, he’s largely stayed off X, the Elon Musk-owned platform that was once his primary megaphone.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
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What is Truth Social, Donald Trump's social media platform?Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the former Twitter following the Jan. 6 insurrection.
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What is Truth Social, Donald Trump’s social media platform?A shareholder vote Friday approved a deal to merge Truth Social with Digital World Acquisition Corp. — a special-purpose acquisition company, or SPAC, also referred to as a blank check company.
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Is Donald Trump's Truth Social headed to Wall Street?It all comes down to a vote Friday by Digital World Acquisition Corp., a publicly traded shell company looking to merge with the media business.
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