Daniel S. Maland(L) and Michelle Genet Bernstein(R) of Mark Migdal & Hayden. Courtesy photos Trump's SPAC—Scandal or Same Old Business?
Last month's announcement that former President Donald Trump's newly formed media company, Trump Media & Technology Group (TMTG), planned to go public through a merger with the publicly-traded special purpose acquisition company, or SPAC, (SPAC) Digital World captured the attention of securities lawyers, finance industry participants, and Trump supporters.
November 12, 2021 at 03:47 PM
7 minute read
Commentary
Last month's announcement that former President Donald Trump's newly formed media company, Trump Media & Technology Group (TMTG), planned to go public through a merger with the publicly-traded special purpose acquisition company, or SPAC, (SPAC) Digital World captured the attention of securities lawyers, finance industry participants, and Trump supporters. Immediately, the details as to how this happened, when this happened, and whether this new company will perform pervaded the popular press, and got the general American public focused on SPACs.
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