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Word of Trump’s social media deal said to have leaked months in advance -NYT – Reuters.com

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration

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The fact social community emblem is seen on a smartphone in entrance of a current of former U.S. President Donald Trump On this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration

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July 18 (Reuters) – Staff at a Miami funding agency had found of a pending merger deal between former President Donald Trump’s social media agency and a clear-look at entity, prolonged earlier than it was introduced, The mannequin Ny Occasions reported on Monday, citing three people Conversant Inside the discussions.

Officers of the agency, Rocket One Capital, On the time talked about methods to revenue off the quickly-to-be-introduced transaction with Trump Media & Know-how Group by investing Inside the SPAC, Digital World Acquisition Corp (DWAC.O), the NYT reported, citing two of the people. (https://nyti.ms/3ILscSe)

Federal prosecutors and regulators At the second are investigating the merger, collectively with the frenzied buying and promoting Inside the SPAC’s warrants, the report said, citing people Conversant Inside the investigation and public disclosures.

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Source: https://www.reuters.com/markets/deals/word-trumps-social-media-deal-said-have-leaked-months-advance-nyt-2022-07-18/