Trump's social media company merges — bringing him massive wealth boost
In a deal that could eventually net Donald Trump around $3 billion or more, shareholders in Digital World Acquisition Corporation this Friday voted in favor of a merger with the former President's social media company.
The vote comes over two years after DWAC said it planned to merge with Trump Media & Technology Group, which owns the Truth Social platform, NBC News reported.
Also read: 'That's not the actual amount': Trump's lawyers scramble to explain $500M boast
"It also comes as Trump faces the possibility that New York Attorney General Letitia James on Monday will start trying to collect on a massive $454 million civil fraud judgment against him," NBC News' report stated, adding the the combined company now known as "Trump Media" could begin to be publicly traded next week under the stock symbol DJT, Trump’s initials.
Read the full report over at NBC News.