Trump’s social media network to go public, a move that could net him $3 billion

File - Republican US presidential candidate Donald Trump speaks after voting in the Florida primary election in Palm Beach, Florida, March 19, 2024. (AP Photo/Wilfredo Lee)
File - Republican US presidential candidate Donald Trump speaks after voting in the Florida primary election in Palm Beach, Florida, March 19, 2024. (AP Photo/Wilfredo Lee)

Shareholders approve a merger to list Donald Trump’s social media venture on the stock market, potentially providing some $3 billion to the ex-US president.

Investors of Digital World Acquisition Corp., an investment vehicle, vote to combine with Trump Media & Technology Group, which owns Trump’s “Truth Social” platform.

The action provides Trump a potential windfall as he faces legal problems, although he may not be able to access the funds for several months.

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