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Trump’s social media company approved to go public‚ potentially netting former president billions
Donald Trump is returning to the stock market‚ and the former president stands to reap a sizeable payout in the process.
Shareholders of Digital World Acquisition Corp.‚ a publicly traded shell company‚ approved a deal to merge with the Trump’s media business in a Friday vote. That means Trump Media &; Technology Group‚ whose flagship product is social networking site Truth Social‚ will soon begin trading on the Nasdaq stock market.
Trump is set to own most of the...