News Formal

Investment vehicle probed over merger with Trump media company

  • 📰 malaymail
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

300 investors want capital worth RM90mil back from company, says consumer foundationPETALING JAYA: About 300 investors are demanding back their total capital worth almost RM90mil from a company believed to be operating an investment scheme illegally.
Source: staronline - 🏆 4. / 75 Read more »