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Backers Of Trump-Tied SPAC Sue To Confirm Manager Purge

By Tom Zanki (March 27, 2024, 8:17 PM EDT) -- Investors behind the sponsor of the special-purpose acquisition company that took Donald Trump's Truth Social public sued its managing member, seeking a declaration from the Delaware Chancery Court that they have validly removed him from his post and that he has no authority to act on their behalf....

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