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Judge rules Trump Media breached stock contract with early investor

CNBC
Summary
Nutrition label

71% Informative

Trump Media breached an agreement with one of the investors that helped the company go public, a judge ruled.

The blank-check firm DWAC underestimated the amount of stock that was due to ARC Global , as part of the merger that took Trump Media public in March .

The judge also found that the stock-conversion ratio proposed by ARC Global was too high.

Trump owns 114,750,000 shares, or nearly 57% , of the company's stock.

VR Score

78

Informative language

81

Neutral language

46

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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