Investors approve merger to list Trump's social media company

Shareholders approved a merger Friday to list Donald Trump's social media venture on the stock market, potentially providing some $3 billion to the ex-president. Investors of Digital World Acquisition Corp., an investment vehicle, voted to combine with Trump Media & Technology Group, which owns Trump's "Truth Social" platform.

Shareholders approved a merger on Friday to list 's social media venture on the stock market, potentially providing some $3 billion to the ex-president.

Investors of ., an investment vehicle, voted to combine with Trump Media & Technology Group, which owns Trump's "" platform. The action provides Trump a potential windfall as he faces legal problems, although he may not be able to access the funds for several months.

jmb/st


Source: Stocks-Markets-Economic Times

Последние публикации
European stocks mostly lower; UK retailers in focus
09.01.2025 - 10:00
Uniqlo operator posts higher Q1 profit despite sluggish China results
09.01.2025 - 10:00
Climate change shows 'claws' with rising costs for disasters, Munich Re says
09.01.2025 - 10:00
RBC downgrades Swatch to 'underperform,' cites structural and cyclical challenges
09.01.2025 - 10:00
As South Korea's impeached president Yoon awaits fate, his party sees signs of revival
09.01.2025 - 10:00
Tesco sees strong Christmas sales, maintains guidance
09.01.2025 - 10:00
Uniqlo operator Fast Retailing says Q1 profit rose 7.4%
09.01.2025 - 09:00
Japan stocks lower at close of trade; Nikkei 225 down 0.87%
09.01.2025 - 09:00
Japan's Seven & i Holdings reports 24% y/y drop in third-quarter profit
09.01.2025 - 09:00
Boaz Weinstein's Saba offers cash exit to UK investment trust shareholders
09.01.2025 - 09:00
BP projects 44% jump in oil output from India's largest field, ONGC says
09.01.2025 - 09:00
Airbus CEO sees surge in U.S. protectionism under Trump
09.01.2025 - 09:00
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.03%
09.01.2025 - 08:00
Broker McGill offers property war reinsurance for Ukraine
09.01.2025 - 08:00
Trump's tariff threat spurs auto suppliers to rethink production plans
09.01.2025 - 08:00

© Analytic DC. All Rights Reserved.

new
Анализ рынка Как повлият завтра отчет NFP на курс доллара США?