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Trump partner in Truth Social delays key vote on merger

KIFI

By BERNARD CONDON
Associated Press

NEW YORK (AP) — A key decision over whether Donald Trump’s social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month. Potential partner, Digital World Acquisition Corp., postponed on Thursday a shareholder vote to extend by a year a deadline to close its merger with Trump’s company. At least 65% of shareholders need to approve the extension, a threshold not reached in tallies earlier in the day. Deal delays have rattled investors, though not Trump, who posted recently, “I don’t need financing, I’m really rich.”

Article Topic Follows: AP National Business

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