Trump's 3rd attempt at media comp, other two failed badly
Posted on: October 25, 2021 at 07:02:04 CT
raskolnikov MU
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Reports are that at best Trump will peel audiences from Parlor and Fox. Company policy will have the exact look at Twitter and it will disallow any posts critical of the company.
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"SPACs pay for their acquisitions with cash provided by investors who bought into the SPAC’s initial public offering. DWA’s Sept. 8 IPO raised $287.5 million, according to a filing with the Securities and Exchange Commission.
DWA said it has raised roughly $293 million in cash, which it will use to grow TMTG’s ventures. Among the company’s biggest shareholders are several institutional investors, including Lighthouse Investment Partners, D. E. Shaw & Co., and Radcliffe Capital Management, according to an SEC filing.
The deal has an initial enterprise value, a measure that takes into account a company’s total debts and assets, of $875 million, according to the release.