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Trump trust opens door to sell Truth Social parent
Gulf News
|April 07, 2025
A trust overseeing Donald Trump’s $2.1 billion stake in the media company that owns Truth Social is paving the way to cash in on its position which, for the past year, has formed the bedrock of the president’s fortune.
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Trump Media & Technology Group Corp. shares slumped as much as 9.4 per cent before trimming losses on Wednesday, after the company filed to register up to 142.5 million shares and warrants for sale on April 1.
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