SPAC tied to Trump's media venture seeks investor support -sources


FILE PHOTO: Former U.S. President Donald Trump looks on during his first post-presidency campaign rally at the Lorain County Fairgrounds in Wellington, Ohio, U.S., June 26, 2021. REUTERS/Shannon Stapleton

(Reuters) -Digital World Acquisition Corp is pitching prospective investors to back private investment in public equity (PIPE) transactions supporting its special purpose acquisition company (SPAC) merger with former U.S. President Donald Trump's social media venture, people familiar with the matter said on Monday.

The talks are at an early stage and hedge fund investors were pitched for investment in the past few days, the sources said.

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