DWAC fires its CEO amid stalled deal to buy Trump's Truth Social

Posted Thursday, March 23, 2023 8:36 am

Dan Primack | Axios

Digital World Acquisition Corp., the blank check company seeking to buy Truth Social parent company TMTG, on Wednesday disclosed that it has fired chairman and CEO Patrick Orlando.

Why it matters: This reflects the difficulties faced by President Trump's social media company since its October 2021 agreement to be acquired by DWAC, including a series of government investigations that have kept the deal in limbo.

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DWAC fires its CEO amid stalled deal to buy Trump's Truth Social

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