Trump’s Truth Social in limbo as merger partner grapples with another failed vote
The Washington Post reports: Former president Donald Trump has failed to win another vote — this time, from the shareholders of an investment ally his social network Truth Social had been counting on for cash. Digital World Acquisition, a special-purpose acquisition company, said Thursday it had not yet gained enough shareholder votes to extend its deadline for merging with Trump’s start-up — a necessary step to unlock $1.3 billion in raised funds. The company was scheduled for liquidation Thursday unless…