Judge Clears Way For Trump Media To Hold Merger Vote

A Delaware judge won’t stand in the way of a March 22 shareholder vote on a merger involving Trump Media & Technology Group that may provide a $4 billion windfall for former President Donald Trump.

Delaware Chancery Court Judge Sam Glasscock III said Saturday he wouldn’t hold up the vote because of complaints by Trump Media co-founders Andy Litinsky and Wes Moss that the former president seeks to dilute their 8.6% stake in the business as part of the merger.

Litinsky and Moss — ex-contestants on Trump’s TV show The Apprentice who joined forces with him to form Trump ...