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DWAC climbs about 25% after shareholders approve merger with Trump's media group - TL;DR CNBC

DWAC climbs about 25% after shareholders approve merger with Trump's media group

Publishing timestamp: 2024-03-25 13:05:14


Summary

Shares of Digital World Acquisition Corp. surged 25% after approval of merger with social media group owned by former President Donald Trump. Trump will not be able to sell shares for at least six months, but could potentially benefit financially from the deal.


Sentiment: MIXED

Tickers: DWAC

Keywords: businessdonald trumpbreaking news: politicsbusiness newsdigital world acquisition corpmergers and acquisitionspolitics

Source: https://www.cnbc.com/2024/03/25/dwac-climbs-after-merger-with-donald-trumps-media-group-approved.html


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