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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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.
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