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Trump Insiders Want A Piece Of Crypto, SPAC Action: Is A Merger Coming?
Thursday, May 15, 2025 - 2:22pm | 1032Two executives with ties to President Donald Trump and Trump Media & Technology Group (NASDAQ:DJT) have a new SPAC offering targeting the cryptocurrency market. With several stocks soaring on recent crypto-related mergers, could this be a SPAC to watch? The SPAC Offering: On Thursday, Renatus...
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Trump's DJT Stock Is Worth 52x More Than Nvidia By 1 Data Point
Wednesday, March 27, 2024 - 11:59am | 1172Former President Donald Trump's media company Trump Media & Technology Group (NASDAQ:DJT) made its public debut Tuesday after a SPAC merger was approved by shareholders last week. The stock surged in its Wall Street debut, seeing strong interest from traders. Going forward, questions surround...
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EXCLUSIVE: Trump Media Company Goes Public, Financial Experts Say DJT A 'Meme Stock' — 'This Is Going To Be A Way To Bet On Or Against Trump'
Tuesday, March 26, 2024 - 2:36pm | 1088A media company founded and majority owned by former President Donald Trump went public Tuesday with shareholders approving a merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group (TMTG) after several setbacks. Benzinga spoke to two market experts...
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Trump SPAC Merger Approved, Set For Imminent Public Debut: The Profits Some Investors Missed
Monday, March 25, 2024 - 11:00am | 679A highly anticipated SPAC merger between Digital World Acquisition Corporation (NASDAQ:DWAC) and Trump Media & Technology Group (NASDAQ:DJT) was approved Friday. Here's how some investors missed out on thousands of dollars from the merger process. What Happened: First announced in October 2021...
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Former NFL QB Colin Kaepernick Among Latest SPAC Casualties, Costing Investors Millions
Sunday, February 12, 2023 - 3:22pm | 837Football fans are charged up for Super Bowl LVII on Sunday, but investors of a SPAC that included a former NFL quarterback certainly weren't cheering in 2022. The SPAC was close to locking down a deal, but instead fell apart at the hands of the quarterback. What Happened:...
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Exclusive: M&A Expert Julian Klymochko Says This Was 'The Dagger' To Elon Musk's Case Against Twitter
Wednesday, October 5, 2022 - 12:32pm | 860Big news came out Tuesday that Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has had a change of heart and submitted a renewed offer to acquire social media platform Twitter Inc (NYSE: TWTR) at the original $54.20 per-share price he walked away from. Benzinga talked to a merger and arbitrage expert...
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Hot Take: Twitter Investors Should Buy The Dip Amid Whistleblower Allegations
Wednesday, August 24, 2022 - 6:47pm | 1070A whistleblower complaint against Twitter Inc (NYSE: TWTR) claimed the company may not be 100% truthful with its claims of the impact of bots and spam accounts. What could the whistleblower mean for Tesla Inc (NASDAQ: TSLA) CEO Elon Musk in his fight over a planned $44 billion acquisition of...
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Judge In Twitter Lawsuit Has Previously Pushed Through M&A Deals: Could Elon Musk Be In Trouble?
Friday, July 15, 2022 - 1:38pm | 787Social media platform Twitter Inc (NYSE: TWTR) and Elon Musk are headed to court over the $44-billion proposed buyout of the social media platform agreed to and then withdrawn from by the world's richest man. Here's why the judge assigned to the case could be bad news for Musk. What...
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Short Seller Hindenburg Research Reverses Course, Backs Twitter In Fight Against Musk
Thursday, July 14, 2022 - 2:16pm | 690In just over two months, short seller Hindenburg Research has pulled a 180 and changed its thesis on social media platform Twitter Inc (NYSE: TWTR) in the battle against Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: Noted short seller Hindenburg Research has been one of the most...
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Walking Away From Twitter Deal May Not Be An Option For Musk: Merger Expert On What's Next
Monday, July 11, 2022 - 10:45am | 994Elon Musk disclosed last Friday after market close that he was terminating his agreement to acquire social media platform Twitter Inc (NYSE: TWTR). With shares of Twitter falling on Monday, Benzinga asked a merger expert what happens next and if the Tesla Inc (NASDAQ: TSLA) CEO can truly walk away...
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Are We In A Recession? Google Searches Hitting Record Level For Financial Term
Friday, June 24, 2022 - 5:34pm | 831The S&P 500 recently entered market correction territory with a 20% drop from all-time highs. The new debate is if the U.S. could enter a recession in 2022, or to some if we are already in a recession. Searches for the word recession are hitting huge levels, suggesting people are increasingly...
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Why OTR Acquisition Shares Are Soaring Today
Friday, May 13, 2022 - 7:40am | 285Shares of a SPAC are trading significantly higher Friday after a large portion were redeemed as part of the SPAC process. What Happened: OTR Acquisition Corp (NASDAQ: OTRA) completed Thursday its merger vote with Comera Life Sciences. A total of 10.3 million shares, representing 98.4% of all...
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Redbox Gets Acquired With Bizarre Takeunder Financing: What You Need To Know
Wednesday, May 11, 2022 - 12:29pm | 699DVD rental and streaming company Redbox Entertainment Inc (NASDAQ: RDBX) was the subject of a takeover offer Wednesday, or what some are calling a takeunder offer due to the acquisition price being less than the price of the stock. Here are the details. What Happened: Streaming company Chicken...
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Exclusive: Arbitrage Expert Julian Klymochko Explains Why Warren Buffett Is Buying Activision Blizzard Shares
Sunday, May 8, 2022 - 11:51am | 555One of the biggest video game deals of all time was announced in January with Microsoft Corporation (NASDAQ: MSFT) saying they would acquire video game company Activision Blizzard Inc (NASDAQ: ATVI) for $95 a share. What Happened: With the deal still pending and shares trading well below the $95...
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Exclusive: Arbitrage Expert Julian Klymochko Breaks Down Twitter Acquisition And Elon Musk's Options
Saturday, May 7, 2022 - 6:40pm | 670News of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk acquiring social media platform Twitter Inc (NYSE: TWTR) has been one of the biggest topics of the investing world in 2022. Musk offered to buy Twitter shares for $54.20 each, yet shares have been trading around the $49 level. Benzinga spoke recently...