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Trump Media SPAC Deal Faces New Challenge: Its Own Investors

by Edinburg Post Report
September 6, 2022
in Latest • Trending
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Shares of the special-purpose acquisition company taking Donald Trump’s social-media startup public fell as much as 21% Tuesday, triggered by uncertainty about whether investors will vote to give both sides more time to finish the deal. 

Shareholders are voting this week on an extension of up to a year, which would allow the companies additional time to address government investigations into the deal and make other necessary disclosures.

Tags: acquisitionsAcquisitions/MergersAcquisitions/Mergers/ShareholdingsC&E Exclusion FilterC&E Industry News FilterContent TypescorporateCorporate ActionsCorporate/Industrial NewsDigital World Acquisition Cl AdisruptionsDonald TrumpDWACFactiva FiltersFinancial Performanceindustrial newsJulian KlymochkoLCIDLucid GroupmergersOwnership ChangesPatrick Orlandoshare price movementShare Price Movement/DisruptionsshareholdingsSYNDWSJ-PRO-WSJ.com
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