Trump Media, TAE To Combine In $6 Bln All-Stock Transaction

Trump Media & Technology Group Corp. (DJT) and fusion energy company TAE Technologies, Inc. on Thursday said they have agreed to merge in an all-stock transaction valued at more than $6 billion. Following the news, Trump Media shares surged more than 20% in pre-market trading.Under the terms of the deal, shareholders of Trump Media and TAE will each own about 50% of the combined company. The transaction is expected to close in mid-2026.Trump Media said the merger is intended to create one of the first publ ...