Julia Boorstin (Senior Media & Tech Correspondent) 00:00.270
alex stay with us for just a moment because we've got some news about a new media merger and it's pretty unusual one
Julia Boorstin (Senior Media & Tech Correspondent) 00:07.630
the trump media and technology group is announcing plans to merge with T A E technologies that is a fusion power company this is an all stock merger of equals that's valued at more than six billion dollars and upon closing trump media will be a holding company for its current
Julia Boorstin (Senior Media & Tech Correspondent) 00:23.790
portfolio of media brands including truth social also the power brands that are owned by E if you read this release which i'm just doing right now it says that this transaction is is designed to create one of the world 's first publicly traded fusion companies basically going
Julia Boorstin (Senior Media & Tech Correspondent) 00:44.880
through with this nunes is saying that this is a situation where trump media and technology group built what he calls an uncancellable infrastructure to secure free expression for online for americans and now we're taking a big step towards a revolutionary technology that will
Julia Boorstin (Senior Media & Tech Correspondent) 01:03.070
cement america 's global energy dominance for generations i mean a completely unusual combination between a media company and a fusion company a power fusion sounds like the old