As Trump Media goes public, Nordstrom attempts to go private
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Today’s the deadline for former President Donald Trump to come up with more than $450 million in cash or bond to cover New York State’s civil fraud judgement against him. He could get a quick hit of cash as Truth Social’s parent company goes public with the help of a merger with something called a SPAC. Meanwhile, Nordstrom is making another attempt to remove itself from public trading and go back to being a private company. The retailer tried and failed to make a similar move back in 2018.
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