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-0.00160347322720712 0.000578871201157627 0.00230101302460191 0.00434153400868303 0.0127351664254703 -0.00925904486251821 -0.00568451519536915 0.00549927641099849
Stock impact report

Trump Moves $4 Billion of Media Firm Stake Into Trust Run by Son [Yahoo! Finance Canada]

Trump Media & Technology Group Corp. (DJT) 
(Bloomberg) -- President-elect Donald Trump transfered about $4 billion worth of shares in his media company to a trust that is controlled by his eldest son, Donald Trump Jr. Most Read from Bloomberg The soon-to-be president, who was the largest Trump Media & Technology Group Corp. shareholder with nearly 115 million shares, will now directly own zero shares and be the trust's sole beneficiary, according to a filing with the US Securities and Exchange Commission. According to a separate filing on Thursday evening, Donald Trump Jr. “has sole voting and investment power over all securities owned by the Trust.” The move is similar to the approach Trump took in his first term on the conflicts of interest that his sprawling real estate empire posed. Instead of divesting his assets, Trump put them into a trust managed by his two eldest sons, Donald Trump Jr. and Eric Trump, as well as Allen Weisselberg, a longtime executive of his business. Critics, including Walter Shaub, then t Show less Read more
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