Mergers and acquisitions

Trump-related stocks surge after indictment | CNN Business

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Trump-related stocks surge after indictment | CNN Business

New York CNN  —  Three stocks with ties to former President Donald Trump surged Friday after two sources familiar with the case told CNN that Trump faces 30 counts related to business fraud in an indictment from a Manhattan grand jury. It’s not clear why investors sent shares of those companies soaring Friday, although the … Read more

Trump media merger isn’t dead yet after deal gets a lifeline | CNN Business

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Trump media merger isn’t dead yet after deal gets a lifeline | CNN Business

New York CNN Business  —  Digital World Acquisition Corp., the blank-check firm seeking to merge with former President Donald Trump’s media venture, announced Friday it will avoid an imminent liquidation. Digital World failed to receive shareholder approval by Thursday’s deadline to extend its merger agreement. However, the shell company said in a Friday filing it … Read more