Latest News for: Cash merger

Edit

Trump Media reports $327M net loss in 'dire' new filing: analysis

Raw Story 21 May 2024
In a statement, CEO Devin Nunes, who previously served as a Trump ally in Congress, "pointed $311 million in non-cash expenses to 'merger-related expenses' linked to a company called Digital World Acquisition Corp.
Edit

Trump Media posted more than $300-M net loss in first quarter

The Philadelphia Inquirer 21 May 2024
... a company called Digital World Acquisition Corp., which was essentially a pile of cash looking for a target to merge with.
Edit

Truth Social parent Trump Media & Technology posts $327M loss on little revenue

New York Post 21 May 2024
Truth Social’s parent posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called Digital World Acquisition Corp.
Edit

Drone Delivery Canada and Volatus Aerospace Corp. Announce Transformative Merger of Equals Creating Global Leader ...

ACCESSWIRE 21 May 2024
The Merger will constitute a "Reviewable Transaction", as defined in TSXV Policy 5.3 - Acquisitions and Dispositions of Non-Cash Assets.
Edit

Trump Media and Technology Group Posts Over $300M Net Loss in First Public Quarter

Time 21 May 2024
For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called ...
Edit

Trump Media and Technology Group posts more than $300-M net loss in Q1

Manila Bulletin 21 May 2024
For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called ...
Edit

Trump Media and Technology Group posts more than $300 million net loss in first public quarter

Fox31 Denver 21 May 2024
For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called ...
Edit

Trump Media and Technology Group posts more than $490m net loss in first public quarter

NewstalkZB 21 May 2024
For the three-month period that ended March 31, the company posted a loss of $327.6 million, which it said included $311 million in non-cash expenses related to its merger with a company called ...
Edit

Putting Truth Social’s ‘Nascent Advertising Initiative’ in Perspective

WhoWhatWhy 21 May 2024
Forget about the massive loss, which isn’t about operating costs but rather non-cash expenses that were related to the company’s merger ... Sounds nice. There is just one problem ... Difficult, sure? Impossible with a couple of cash registers? Absolutely not.
Edit

Trump’s Truth Social media company posts $327m first-quarter loss

The Guardian 20 May 2024
... its merger with a company called Digital World, which was essentially a pile of cash looking for a target to merge with.
Edit

Ivan Boesky, epitome of Wall Street trading scandal, dies at 87

The Spokesman-Review 20 May 2024
Leveraged buyouts, hostile takeovers and shotgun-wedding mergers opened rivers of cash for investors and dealmakers of all stripes as companies became prey ... During the publicity tour for his 1985 book, “Merger Mania.
Edit

Compass to halt share buybacks and use cash for acquisitions

The Times/The Sunday Times 15 May 2024
Compass Group is expected to scrap share buybacks at the end of the year to pump its cash resources into mergers and acquisitions. The world’s largest contract caterer has used its huge cash generation ...
Edit

Team Internet Group PLC Announces Unaudited Q1 Financial Results to 31 March 2024

ACCESSWIRE 13 May 2024
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Share capital USD m Share premium USD m Merger relief reserve USD m Share- based payments reserve USD m Cash flow hedging Reserve USD m Foreign exchange ...
Edit

Opinion: Here’s why Coinbase should acquire Robinhood

Invezz 10 May 2024
It also has over $6.7 bilion in cash and short-term investments and about $4.2 billion in long-term debt. As such, the company can fund the transaction through a combination of stock, cash on hand, and borrowings.
×