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Chancery Sides With Truth Social Backer In SPAC Deal Payout

By Law360 Staff ( September 17, 2024, 9:59 PM EDT) -- A Delaware Chancery judge sided Tuesday with the investment sponsor of the entity that took former President Donald Trump's Truth Social media company public, on claims it was shortchanged in the deal, ordering a larger share of the stock be handed over from the transaction....

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