Shares of the SPAC that plans to merge with Trump Media jumped after Donald Trump’s rival Ron DeSantis quit the primary race.
Category: Truth Social (Social Network)
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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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Trump Returns to X, the Service Formerly Known as Twitter
Absent for more than two years, former President Donald J. Trump posted his mug shot on the site, now called X.
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Shell Company Seeks to Extend Deadline for Merger With Trump Media
The merger has been delayed several times since it was announced in October 2021, but now faces a time crunch before a looming liquidation date.
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Shell Company Seeks to Extend Deadline for Merger With Trump Media
The merger has been delayed several times since it was announced in October 2021, but now faces a time crunch before a looming liquidation date.
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SPAC Tied to Trump’s Media Company Will Pay $18 Million to Regulators
Digital World will pay a penalty to the Securities and Exchange Commission to settle an investigation into its planned merger with Trump Media & Technology Group.
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SPAC Tied to Trump’s Media Business Says It Has a Deal With Regulators
Digital World’s settlement with the S.E.C. could clear the way for a merger with Trump Media & Technology Group.
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Two Charged With Illegally Trading Ahead of Trump Media Merger
The arrests come after an investigation by federal prosecutors into trading in the securities of Digital World Acquisition Group, which merged with former President Trump’s social media platform.
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The Future of Social Media Is a Lot Less Social
Facebook, TikTok and Twitter seem to be increasingly connecting users with brands and influencers. To restore a sense of community, some users are trying smaller social networks.
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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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Welcome Back to The Trump Show
The New York Times – Business:A historic indictment has returned the former president and his supporting cast to the forefront of the media universe.
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Twitter to Ban Accounts That Promote Rival Social Media Like Mastodon
The New York Times – Business:The move may affect giant social media platforms, including Facebook and Instagram, as well as smaller ones like Mastodon and Truth Social.
