Establishment Media Fail Again as Trump’s Truth Social’s Big Merger Approved
Despite constant predictions over the past few years that it wouldn’t happen, the establishment media’s approval of a merger between a SPAC and the company that runs President Trump’s social media platform Truth Social Another big piece of news about former President Donald Trump was broadcast. On Friday morning, shareholders of Digital World Acquisition Corporation […]
Trump Could Get $3.5B Windfall after Shareholders Approve Truth Social Merger
Former President Donald Trump will reap a $3.5 billion windfall after Digital World Acquisition Corporation shareholders approved his merger with Truth Social on Friday. A potential multibillion-dollar injection comes as New York Attorney General Letitia James moves to seize President Trump’s assets to pay $464 million bail in a New York civil fraud case. by. […]
Truth Social merger approved, giving Trump potential source of cash
Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with former President Trump’s media startup, giving Truth Social a stock market debut and a potential $3.5 billion windfall for Trump. I raised it. The long-delayed merger between the blank check company and Trump Media & Technology Group received regulatory approval from the Securities […]
OpenAI pushes back on Musk lawsuit, says billionaire suggested merger with Tesla
Wall Street Alliance Group partner Aadil Zaman and Peapack Private Wealth Management managing principal David Dietze react to Sam Altman’s return to OpenAI five days after he was fired from Making Money. OpenAI hit back on Tuesday Elon Musk’s lawsuit Claims the startup has abandoned its original nonprofit mission by revealing communications showing the billionaire […]
JetBlue, Spirit call off $3.8B merger after losing antitrust suit
Low-cost airlines JetBlue and Spirit halted their $3.8 billion merger plan on Monday, weeks after a federal judge blocked the merger citing anticompetitive concerns. A successful deal would have created the fifth largest airline in the United States and ensured Spirit’s survival. “While both companies continue to believe in the pro-competitive benefits of a merger, […]
Ousted architect of Trump’s Truth Social merger sues to block potential $10B deal
A former executive of a blank check acquisition organization planning to take Donald Trump’s social media company public is seeking to block the deal until he receives a larger payout, according to a lawsuit filed Thursday in Delaware. filed a lawsuit. ARC Global Investments II, run by Patrick Orlando, said the amount of stock it […]
Democratic chorus against proposed Capital One-Discover merger grows louder
The proposed merger between credit card companies Capital One and Discover has been criticized by Democrats on the House Financial Services Committee for what they say are mergers and lax regulation of the financial sector. 16 Democrats on the House Financial Services Committee, including Ranking Member Maxine Waters (D-Calif.); wrote a letter On Wednesday, he […]
Kroger-Albertsons merger: Is it good or bad for shoppers?
A lawsuit filed by the Biden administration’s Federal Trade Commission (FTC) to block Kroger and Albertsons’ proposed $24.6 billion merger will question whether the partnership hurts competition, as the agency claims, or if it hurts competition. This is causing a debate as to whether this is the case. Beneficial for consumers. The deal would see […]
Warner Bros. Discovery halts merger talks with Paramount Global
A list of potential suitors for Paramount Global was released on Tuesday after Warner Bros. Discovery announced it would no longer pursue merger talks with the struggling media giant, according to reports. Shrunk. CNN’s parent company, Shari Redstone, struggled for months before making the decision to exit Shari Redstone’s debt-ridden company, CNBC reported, citing sources […]
Battle ramps up over grocery giants’ proposed merger
The agency said,Largest supermarket merger proposal “In U.S. history” could stifle competition, raise prices and harm workers. “This supermarket megamerger comes at a time when American consumers have seen their grocery prices steadily rise over the past few years. Kroger’s acquisition of Albertsons is expected to increase grocery prices for everyday staples. “This would lead […]