Business & FinanceDealsGovernment

Trump’s media deal partner nears $50 million financing

08 February 2024, 5:10 pm 1 minute

Reuters exclusively reported that Digital World Acquisition Corp (DWAC.O), opens new tab, the blank-check acquisition company that has agreed to take former U.S. President Donald Trump’s social media platform public, is nearing a $50 million financing deal.

Market Impact

DWAC’s shares jumped as much as 8% on the news.

Article Tags

Topics of Interest: Business & FinanceDealsGovernment

Type: Reuters Best

Sectors: Business & FinanceFinancial ServicesMergers & Acquisition

Regions: Americas

Countries: United States

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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