Finance M&A

📱 Reuters exclusive report suggests DWAC nearing $50 Million Financing Deal for Trump’s Truth Social Merger

🏦 What’s the Latest with DWAC’s Financing Deal? Reports suggest that Digital World Acquisition Corp (DWAC), the blank-check company facilitating the public debut of former U.S. President Donald Trump’s social media platform “Truth Social”, is in the midst of finalising a $50 million financing arrangement. This funding, anticipated to be announced shortly, is structured around convertible […]

Finance

🗽 US Treasury Boosts Bonds Auction Sizes

💰 Why is the US Treasury Increasing Bond Auction Sizes? The US Treasury has announced plans to significantly boost the size of upcoming bond auctions, including a record-breaking $70 billion five-year bond sale in April. This move is a response to the escalating federal deficit, which has reached $1.7 trillion (end 2023), fuelled by increased government […]

Business Finance M&A

🤨 Antitrust Antics: Amazon-iRobot Merger Falters Amid Regulatory Scrutiny

❌ Why Did Amazon and iRobot Call Off Their Merger Plans? Amazon and iRobot have decided to terminate their proposed $1.4 billion merger due to regulatory hurdles, with both EU and U.S. antitrust regulators expressing concerns over potential anti-competitive practices. The deal faced opposition primarily from the European Commission and the Federal Trade Commission (FTC), citing […]

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