Trump Media and Tae Technologies agree to merge in all-stock transaction valued at $6B
CNBC Television·2025-12-18 12:06
Alex, stay with us for just a moment because we've got some news about a new media merger and it's pretty unusual one. Uh, the Trump Media and Technology Group is announcing plans to merge with TAE Technologies. That is a fusion power company.This is an all stock merger of equals that's valued at more than $6 billion. And upon closing, Trump Media will be a holding company for its current portfolio of media brands including Truth Social. also the power brands that are owned by TAE.If you read this release, ...