Trump's social media company approved to go public, potentially netting former president billions

📆 22.03.2024 23:32:00
📰 YahooFinanceCA

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 63%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge...

Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president's media business in a Friday vote. It comes as the presumptive Republican nominee is facing a $454 million judgment in a fraud lawsuit.

Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears the final major hurdle for a long-delayed transaction that will generate a multi-billion dollar windfall for former President Donald Trump at a time when he’s facing immense financial and legal pressure.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Schreibe Kommentar

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Trump’s Truth Social to go public after DWAC deal, Nike and Lululemon falter: Yahoo Finance LiveFormer President Trump could rake in some $3 billion after Digital World Acquisition Corp. (DWAC) shareholders approved a merger with Trump Media...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »