10-06-2026 19:14 via thenextweb.com

Trump Media drops Truth Social spinoff, refocuses on $6 billion fusion merger with TAE Technologies

Trump Media & Technology Group, TAE Technologies, and Texas Ventures Acquisition III have decided not to proceed with a planned spinoff of Truth Social and other media assets. The three companies said in a statement on Wednesday that Trump Media and TAE remain committed to closing their $6 billion merger in the fourth quarter of 2026 or […]
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