A key decision over whether Donald Trump’s social media platform Truth Social will merge with a cash-rich company and get $1.3 billion to take on Twitter has been put off for another month.
The potential partner, Digital World Acquisition Corp., on Thursday postponed a shareholder vote to extend by a year a deadline to close its merger with Trump’s company and release funds to pay its bills. At least 65% of shareholders need to approve the extension, a threshold not reached in tallies earlier in the day.
