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Merger to list Trump social media company approved
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Shareholders have today approved a merger to list Donald Trump’s social media venture on the stock market, potentially providing some $3 billion to the former United States 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.
The action provides Mr Trump a potential windfall as he faces legal problems, although he may not be able to access the funds for several months.
More to follow