Mr. Trump has treated Trump Media, which runs his social network Truth Social, as a low-cost sideshow. Now a big portion of his wealth hinges on its success.
Category: Orlando, Patrick F
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Legal Fight Over Trump Media’s Ownership Adds to Its Woes
Two ex-contestants on “The Apprentice” sold the former president on the idea of a social media platform. Now, the company and the pair are wrangling over their stake.
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Many People and Companies Have Made Millions on Trump Media’s Stock
A surge in the social media company’s market value has generated a windfall for current and former executives, on top of the bonanza for its largest shareholder, former President Trump.
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Buyer of Trump’s Truth Social Gets More Time to Complete Long-Delayed Merger
Shareholders in a shell company that has been trying for nearly two years to merge with former President Donald Trump’s media company approved a 12-month extension to complete the deal.
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SPAC Tied to Trump Media Rushes to Complete Deal
The New York Times – Business:The merger of Digital World and Trump Media has been held up by investigations, but executives are rushing to complete the deal by a Sept. 8 deadline.
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SPAC Linked to Trump’s Media Company Is Granted an Extension on Merger
The New York Times – Business:Digital World now has more time to close its proposed union with Trump Media. But with Twitter welcoming Mr. Trump back, his media company could be less attractive to investors.
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SPAC Tied to Trump Media Says Early Talks Were Not ‘Substantive’
The New York Times – Business:Lawyers for Digital World recently told regulators that the SPAC had not violated any rules by talking to Trump Media before going public.