January 23, 2022

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Rep. Devin Nunes to leave Congress to become Trump media company CEO – The Washington Post

1 min read

And it has attracted interest from outside investors. In October, a special-purpose entity called Digital World Acquisition Corp. said it had agreed to merge with Trump’s business, a move that would give the newly formed Trump company a public stock listing. Afterward, the stock price of Digital World shot up from $10 to $94, as retail investors bought the stock. On Saturday, Trump’s company said it had secured $1 billion of additional money from private investors, which the company would receive after its merger with Digital World goes through.

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