A new twist in the Trump Truth Social merger

Under an updated merger agreement, both parties in the deal will have the opportunity to kill the merger between October 31 and November 21, according to a regulatory filing on Monday. Digital World Acquisition Company, the firm that’s been trying for two years to buy Trump Media & Technology Group, can terminate the deal if, after “updated due diligence, its board of directors no longer believes it’s in the best interest of the firm or its shareholders,” the filing said.

Donald Trump himself has encountered intense legal problems since the SPAC deal was first announced, including multiple indictments. The revised merger agreement was announced Monday, as Trump was in court for the first day of the civil fraud trial against the former president, his eldest sons, their companies and Trump Organization executives.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

X Social Media is suing X, a social media companyX Social Media alleges that Musk’s X confuses potential customers.
Fonte: verge - 🏆 94. / 67 Consulte Mais informação »

Donald Trump to appear in courtroom for New York trial scrutinizing his business practices'I’m going to Court tomorrow morning to fight for my name and reputation,' Trump wrote Sunday night on his Truth Social platform.
Fonte: fox5ny - 🏆 587. / 51 Consulte Mais informação »