Digital World, Trump’s media firm add new termination clause to merger deal

Digital World Acquisition and former US President Donald Trump’s media company have added an option that allows them to terminate their merger deal between October 31 and November 21, a regulatory filing showed on Monday.

The move comes weeks after Digital World investors voted to give up to a one-year extension to complete the much-delayed deal.

The blank-check firm amended the merger agreement on September 29, according to the filing, which also disclosed that Digital World can terminate the agreement only in that three-week period in November.