BREAKING NEWS
WILL MOSS AND LITINSKY TO SELl 8.6% STAKE IN HISTORIC DEAL?!
Rumors have been swirling for weeks, but the news is finally out: Will Moss and David Litinsky, the longtime owners of a significant portion of [Company Name]’s shares, are slated to sell their 8.6% stake to a mystery buyer on Friday!
According to sources close to the deal, Moss and Litinsky have negotiated a whopping $X deal with the buyer, sources claiming it’s a premium of X% over [Company Name]’s Friday close. The sale represents a significant chunk of shares, roughly 8.6% of the outstanding stock, and is being watched closely by analysts, investors, and the markets at large.
Impact on the Market
Financial experts are already speculating about the potential implications for [Company Name]’s stock price, with many predicting a short-term shake-up. "This kind of deal can send signals to the market, regardless of whether it’s for good or ill," warns Jane Smith, senior investment analyst at XYZ Research Group. "We’ll need to wait and see how trading reacts on Friday, but one thing’s for certain – this is a news story that will dominate conversations on Wall Street and Main Street alike."
So, Who’s Buying?!
Rumors surrounding the buyer’s identity remain under wraps, but analysts point to a handful of possible suitors, each with their own motivations: private equity firms, fellow shareholders, or even other institutional investors. Whoever they may be, they stand to gain a significant footing in [Company Name], which could have far-reaching consequences for the company and its stakeholders.
In-Depth Analysis
Here at [Publication Name], we’ll be diving deeper into the implications of this blockbuster deal, examining both the potential benefits and concerns that come with it. Stay tuned for expert opinions, market analysis, and up-to-the-minute reporting on this developing story!
According to this Good Morning America article, the lockout for the 2 founders that trump tried to steal shares from will be able to sell their shares on the 19th. (IF IM READING THIS CORRECTLY WHICH IM NOT SURE I AM)
Attorneys for Trump Media assured a state judge in Delaware earlier this year that UAV was entitled to an 8.6% stake and would suffer no merger-related dilution. They now contend, however, that UAV is not entitled to its shares because of pre-merger mismanagement by Litinsky and Moss.
Friday’s ruling involves UAV’s concerns that it will not receive its Trump Media shares, currently valued at about $350 million, from Odyssey when a post-merger lockup period expires Sept. 19. According to court filings, Odyssey told UAV earlier this year that it would be taking direction from TMTG and its lawyers.
View info-news.info by mandogvan
Doubt they’d dump them unless they’re not very smart. They would be smart to slowly unload this flaming turd of a stock though. The downward pressure will be fun to watch