Trump’s SPAC deal may have violated securities laws, New York Times reports

FAN Editor 3 years ago

Trump’s SPAC deal may have violated securities laws, New York Times reports – CBS News

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Former President Trump secured nearly $300 million in funding for his new social media venture by agreeing to merge with a special purpose acquisition company. But the deal may have skirted securities laws and stock exchange rules, according to a New York Times report. Lauren Hirsch, a business reporter who co-authored the article, joins CBSN’s Lana Zak to discuss.

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