Trump Media Aims to Diversify With Mergers, Acquisitions

Dow Jones

Yesterday

By Kelly Cloonan

President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings.

Trump Media & Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms

"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy," Nunes said.

The company also plans to reincorporate in Florida, subject to shareholder approval.

Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 29, 2025 18:02 ET (22:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2531715412"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2531715412\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2531715412?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-30 06:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2531715412","market":"sg","top_or_hot":-1,"title":"Trump Media Aims to Diversify With Mergers, Acquisitions","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre>\n \n</pre>\n<p>\n  President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings. \n</p>\n<p>\n  Trump Media &amp; Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms \n</p>\n<p>\n  \"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy,\" Nunes said. \n</p>\n<p>\n  The company also plans to reincorporate in Florida, subject to shareholder approval. \n</p>\n<p>\n  Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 18:02 ET (22:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Media Aims to Diversify With Mergers, Acquisitions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Media Aims to Diversify With Mergers, Acquisitions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-30 06:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Kelly Cloonan \n</p>\n<pre>\n \n</pre>\n<p>\n  President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings. \n</p>\n<p>\n  Trump Media &amp; Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms \n</p>\n<p>\n  \"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy,\" Nunes said. \n</p>\n<p>\n  The company also plans to reincorporate in Florida, subject to shareholder approval. \n</p>\n<p>\n  Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 18:02 ET (22:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4547","symbol_name":"WSB热门概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531715412","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531715412","pubTimestamp":1745964120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings.Trump Media & Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms. \"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy,\" Nunes said.The company also plans to reincorporate in Florida, subject to shareholder approval.Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","DJT":"特朗普媒体科技集团","BK4077":"互动媒体与服务","BK4516":"特朗普概念"},"translate_title":"特朗普媒体旨在通过并购实现多元化","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DJT":0.9},"content_text":"By Kelly Cloonan \n\n\n \n\n\n  President Trump's media company is looking for potential mergers and acquisitions as it aims to diversify beyond its current holdings. \n\n\n  Trump Media & Technology Group's Chief Executive Devin Nunes said in a letter to shareholders Tuesday he wants to acquire businesses that would benefit from the company's brand name and exposure on its Truth Social and TV streaming platforms \n\n\n  \"Ultimately, we envision Trump Media evolving into a larger holding company for numerous great assets, compatible with America-First principles, spanning across multiple key sectors of the economy,\" Nunes said. \n\n\n  The company also plans to reincorporate in Florida, subject to shareholder approval. \n\n\n  Nunes said there are plans to boost its offerings for subscribers to its Truth+ streaming service in the near future. He said plans include verified red check badges and a Truth+ badge, as well as an edit button, scheduled posts, draft-saving capabilities, expanded character counts and longer video capabilities. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 18:02 ET (22:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}