The top financial partner of former president Donald Trump’s media company has offered to pay $18 million to the Securities and Exchange Commission to settle an investigation into its initial merger talks in hopes that it could accelerate its long-delayed merger, the company said in an SEC filing Monday.
Democracy Dies in Darkness
Trump company’s merger partner offers $18 million in settlement to SEC
In a filing, Digital World also hinted at tension with the owner of Truth Social over a long-delayed merger deadline
By Drew Harwell
Updated July 3, 2023 at 8:30 p.m. EDT|Published July 3, 2023 at 8:03 p.m. EDT