Friday, March 22, 2024

Investors greenlight Trump's $5.7 billion social media deal

The deal values Trump's majority stake in the company that holds his app Truth Social at about $3.3 billion. The windfall could prove vital as Trump grapples with the financial fallout of a string of legal cases against him, including a $454 million judgment in a civil fraud case in New York.

from Tech-Economic Times
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