Trump social media company will go public as DWAC shareholders approve merger
Publishing timestamp: 2024-03-22 12:55:17
Summary
Shareholders of DWAC approve merger with Trump's social media company, potentially netting him $3 billion. Trump faces legal challenges and restrictions on selling shares in the merged company. Potential board members close to Trump could allow him to sell shares earlier. Trump currently faces huge legal bills and damage judgments.
Sentiment: MIXED
Tickers: DWAC,
Keywords: politics, government and politics, social media, breaking news: markets, business, digital world acquisition corp, markets, letitia james, donald trump, breaking news: politics, business news,
Source: https://www.cnbc.com/2024/03/22/trump-could-net-3-billion-from-dwac-social-media-merger-vote.html