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Why Trump may reap billions in Truth Social stock market merger
Donald Trump appears to be scrambling for funds to pay a $464m (£365m) fraud fine. Could the stock market ride to his rescue?
Trump Media‚ which runs the social media platform Truth Social‚ is poised to become a publicly listed company‚ with shareholders of Digital World Acquisition Corp set to vote on Friday on whether to acquire it.
Mr Trump would have a stake of at least 58% in the merged company‚ worth more than $3bn at Digital World's current share prices.
Digital World‚ or DWAC (...