Trump Media and Technology Group might be turned into a publicly traded business by merging it with a special purpose acquisition company, or a SPAC. If the deal goes through, it could allow Trump’s company to access about $290 million in cash, which it could then use to build a Twitter knockoff and launch additional media ventures. Investors are thrilled with the idea—shares of the SPAC jumped more than 350% on Thursday. But they might be less enthusiastic if they had a full understanding of how Trump had treated those who bet on him in the past. Do you think that Trump has used bankruptcy to his advantage as a businessman?
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