Trump media merger is approved, providing fresh source of cash

NEW YORK – Former president Donald Trump’s social media company on March 22 completed a long-awaited merger with a cash-rich shell company, raising Trump’s wealth by billions and potentially providing him a fresh source of cash to pay his mounting legal bills.

The deal will pump more than US$300 million into Trump Media, which has all but exhausted its available cash and will allow Truth Social, the company’s flagship digital media platform, to keep operating.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Social media company Reddit surges after NYSE debutNEW YORK — Shares of social media company Reddit soared nearly 50 per cent on the New York Stock Exchange on Thursday (March 21) in a buoyant market debut that raised hopes about the IPO market.
مصدر: TODAYonline - 🏆 1. / 99 اقرأ أكثر »