November 16, 20240 Comments

Major Trump Media shareholder sells nearly entire stake By Reuters

(Reuters) – Trump Media & Technology Group’s key shareholder, ARC Global Investments, has unloaded nearly all its stake in the media company, it said in a regulatory filing on Thursday. ARC and its manager Patrick Orlando now hold about 0.01% stake, down from more than 5% or over 11 million shares in September. Orlando was the former CEO of the blank-check company Digital World Acquisition (NASDAQ:) that took Trump Media

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November 15, 20240 Comments

Landry CEO Fertitta becomes Wynn Resorts’ largest individual shareholder

The new Wynn Casino and Lisboa Casino in Macao, China. Bob Henry | Universal Images Group | Getty Images Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the U.S. Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the matter tell CNBC they suspect Fertitta will be demanding. Wynn’s share price popped 9% Thursday

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