(Bloomberg) -- Former president Donald Trump is set to get a big payday — on paper at least — after investors voted to approve a blank-check deal that would ...
Trump-Tied SPAC Deal Approved, Setting Up Potential WindfallBaltimore Wants to Sell Hundreds of Vacant Homes for $1 EachKate Middleton Says She’s Being Treated for CancerWhat Happens If Trump Can’t Post His $4Shareholders of Digital World Acquisition Corp. approved a merger with Trump Media & Technology Group, owner of the Truth Social platform.
NEW YORK — Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market.
-- Cocoa processor Blommer Chocolate Co. will close its Chicago chocolate factory as the aging facility is no longer reliable.
Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears the final major hurdle for a long-delayed transaction that will generate a multi-billion dollar windfall for former President Donald Trump at a time when he’s facing immense financial and legal pressure.
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