Trump signals Truth Social windfall won’t be used to post bond in fraud case
Former President Trump suggested Friday that he does not intend to use a potential windfall from a merger involving Truth Social to post bond in a New York fraud judgment ahead of a Monday deadline. Digital World Acquisition Corporation (DWAC) shareholders on Friday approved a merger with President Trump-owned media startup Truth Social, giving the […]
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. […]
Donald Trump on verge of $4 billion windfall despite legal problems
Former President Donald Trump could stand to gain as much as $4 billion from an upcoming merger involving his social media company. The deal could provide a huge financial relief for him, who needs to come up with $540 million in civil lawsuit judgments. Since January 1st, the stock price of Digital World Acquisition Corporation, […]
PGA Tour’s $3 billion windfall does nothing for golf fans
So, as we look back at the initial fallout from Wednesday’s PGA Tour’s much-hyped announcement of an agreement with the Billionaire Sports Investors Alliance to make players equity partners, the filthy rich get even richer and the sport’s The fans…well, they got nothing. Most of the players on the PGA Tour are already wealthier than […]