Digital World rises ahead of vote on merger with Trump's media firm

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The U.S. Securities and Exchange Commission in February allowed the merger after more than two years of setbacks to Republican presidential candidate's Trump...

- Shares of Digital World Acquisition Corp rose 3.2% in premarket trading on Friday ahead of shareholders' vote to approve the blank check firm's merger with former U.S. President Donald Trump's media and technology company.

The vote, which begins at 10:00 a.m. ET , would be the final step in completing the merger that would value TMTG at as much as $8.6 billion. The merger was first announced in 2021. Digital World has also faced several hurdles in its bid to complete the merger. It has been a target of investigations by the U.S. Department of Justice and the Securities and Exchange Commission .Statistics Canada reports retail sales down in January as new car sales fell

Marco BelloDonald Trump, unable to front a half billion dollars to pay off his recent bank fraud judgment, now effectively has liens placed on his massive, forested estate north of New York City, according to public records and several court clerks who spoke to The Daily Beast on Thursday.

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:

 /  🏆 47. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Ottawa to crack down on foreign investment in digital media sectorThe federal government will increase scrutiny of investments in the sector ‘by entities owned or influenced by foreign states’, Innovation Minister Francois-Philippe Champagne said on Friday
Source: globepolitics - 🏆 12. / 78 Read more »