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Legal disputes and lawsuits surrounding the Truth Social merger deal involving Donald Trump have emerged, potentially jeopardizing his anticipated $4 billion windfall. Co-founders and investors are suing to block the merger, citing concerns over dilution of shares and wrongful maneuvering.
Truth Social is going the way of tech giants and could reap the former president a windfall—on paper. @SammBlum https://t.co/SBcFCt06JM
Lawsuits could stall Trump Media’s long-delayed merger, which would provide the social media company with cash to fund Donald J. Trump’s Truth Social. https://t.co/RdCsUgZtSL
Looks like once again Digital World Acquisition is having trouble getting retail shareholders to vote It would be most ironic if the Truth Social / $DWAC merger fails due to retail apathy, and Trump's $4 billion stake in the company becomes worthless https://t.co/7SlQAlRgMC
