financetom
Business
financetom
/
Business
/
Digital World Acquisition Says Court Won't Block Trump Media & Technology Group Shareholder Vote on Proposed Merger
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Digital World Acquisition Says Court Won't Block Trump Media & Technology Group Shareholder Vote on Proposed Merger
Mar 11, 2024 7:54 AM

10:35 AM EDT, 03/11/2024 (MT Newswires) -- Digital World Acquisition ( DWAC ) said Monday that the Delaware Chancery Court has advised that it will not block the March 22 Trump Media & Technology Group shareholder vote on the companies' proposed merger.

Digital World said that on Saturday, the court held a hearing to decide the motion to expedite proceedings filed by United Atlantic Ventures, which had sued Trump Media to seek relief related to the authorization, issuance and ownership of stock in Trump Media.

"Vice Chancellor Sam Glasscock acknowledged that if any claims remained after the stockholder vote... the court would address those issues expeditiously," Digital World said.

Trump Media didn't immediately respond to a request for comment from MT Newswires.

Price: 39.41, Change: -0.57, Percent Change: -1.43

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
W. P. Carey Q3 Adjusted FFO, Revenue Rise; 2025 Guidance Raised
W. P. Carey Q3 Adjusted FFO, Revenue Rise; 2025 Guidance Raised
Oct 28, 2025
04:31 PM EDT, 10/28/2025 (MT Newswires) -- W. P. Carey (WPC) reported Q3 adjusted funds from operations late Tuesday of $1.25 per diluted share, up from $1.18 a year earlier. Analysts polled by FactSet expected $1.24. Revenue for the three months ended Sept. 30 was $431.3 million, up from $397.4 million a year earlier. Analysts surveyed by FactSet expected $422.3...
 Thermal management systems firm Modine's Q2 revenue beats estimates on growth in climate solutions
 Thermal management systems firm Modine's Q2 revenue beats estimates on growth in climate solutions
Oct 28, 2025
Overview * Modine fiscal Q2 revenue grows 12%, beating analyst expectations * Adjusted EPS for fiscal Q2 beats consensus, increasing 9% from prior year * Company raises full-year revenue guidance, driven by Climate Solutions segment growth Outlook * Modine raises fiscal 2026 net sales growth forecast to 15-20% * Company reaffirms fiscal 2026 adjusted EBITDA guidance of $440 mln to...
Xali Gold Outlines Plans to Advance Pico Machay Gold Project in Peru
Xali Gold Outlines Plans to Advance Pico Machay Gold Project in Peru
Oct 28, 2025
04:32 PM EDT, 10/28/2025 (MT Newswires) -- Xali Gold ( CGDXF ) after trade Tuesday said it plans to advance the Pico Machay Gold Project in central Peru. The project is being acquired through a share purchase agreement (SPA) with Pan American Silver ( PAAS ) and its subsidiary Aquiline Resources. Xali said it is planning to begin fieldwork by...
WP Carey beats Q3 revenue estimates, raises FY Adjusted FFO guidance
WP Carey beats Q3 revenue estimates, raises FY Adjusted FFO guidance
Oct 28, 2025
Overview * WP Carey Q3 2025 revenue rises 8.5% yr/yr, beating analysts' expectations * AFFO per share for Q3 2025 increases 5.9% yr/yr * Company raises full-year Adjusted FFO guidance, citing higher investment volume Outlook * W. P. Carey raises 2025 AFFO guidance to $4.93-$4.99 per share * Company expects 2025 investment volume of $1.8 bln-$2.1 bln * Company anticipates...
Copyright 2023-2026 - www.financetom.com All Rights Reserved