The newly formed parent company for Truth Social will debut on the stock market Tuesday, bringing to a close a years-long merger that is set to net former President Trump billions of dollars. A special-purpose acquisition company (SPAC) merged with Truth Social parent Trump Media & Technology Group Corp. on Monday following months of negotiations … Read more
NEW YORK (AP) — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the former president’s media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
An estimated $4 billion business merger involving former President Donald Trump’s social media company could hit a major snarl after a lawsuit was filed Wednesday accusing Trump of trying to dilute the co-founders’ shares. Andy Litinsky and Wes Moss, who co-founded Trump’s Truth Social platform, filed a lawsuit in Delaware claiming their previously negotiated 8.6% … Read more
The Securities and Exchange Commission (SEC) has approved a merger between former President Trump’s media startup and the blank-check company attempting to take his platform Truth Social public. Digital World Acquisition Corp. (DWAC) said Wednesday that the agency declared the registration statement for its merger with Trump Media & Technology Group (TMTG) to be effective. … Read more
At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone. Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting … Read more
WASHINGTON — In a middle-of-the-night, all-caps social media post, Donald Trump for the first time appears to have conceded that his actions leading up to the Jan. 6, 2021, assault on the Capitol may have broken the law. “EVEN EVENTS THAT ‘CROSS THE LINE’ MUST FALL UNDER TOTAL IMMUNITY, OR IT WILL BE YEARS OF … Read more
