ARC Sells Trump Media Stake
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media companyReuters
•Major Trump Media shareholder sells nearly entire stake
78% Informative
Trump Media's key shareholder, ARC Global Investments , has unloaded nearly all its stake in the media company.
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 blank-check company Digital World Acquisition that took Trump Media public.
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formal
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English
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47
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short-lived
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