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Investment vehicle probed over merger with Trump media company

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NEW YORK, June 28 — The investment vehicle seeking to merge with Donald Trump’s social media venture disclosed Monday that it received federal subpoenas, delaying and...

NEW YORK, June 28 — The investment vehicle seeking to merge with Donald Trump’s social media venture disclosed Monday that it received federal subpoenas, delaying and potentially derailing the transaction.

The subpoenas from the Southern District of New York are connected to a Justice Department probe that “could materially delay, materially impede, or prevent the consummation of the Business Combination,” the filing said.

 

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