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 […]

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 […]

0