"(Andrew Harnik/AP photo) Fox News host Laura Ingraham, one of the network's most prominent primetime personalities, has been named as a board member of a new special-purpose acquisition company (SPAC) led by Donald Trump Jr."
"Colombier Acquisition Corp. III, a blank-check firm, will seek to merge with a private company as part of a plan to fund the next chapter of American Exceptionalism and help Make America Grow Again, according to an SEC filing."
"Alongside Trump Jr. and Ingraham, the SPAC lists billionaire investor Chamath Palihapitiya, 1789 Capital founder Chris Buskirk, and GOP Senate candidate-turned-investor Blake Masters, also formerly president of the Thiel Foundation, as directors."
Colombier Acquisition Corp. III is a blank-check company formed to pursue a merger with a private firm to advance initiatives framed as American Exceptionalism and economic growth. The SPAC filed for an initial public offering, proposing 26 million shares at $10 each. The vehicle is led by financier Omeed Malik, CEO of 1789 Capital, where Donald Trump Jr. serves in an executive role. Directors include Laura Ingraham, Chamath Palihapitiya, Chris Buskirk, and Blake Masters. Roth Capital Partners is underwriting the deal with plans to list on the New York Stock Exchange. The appointment increases the proximity between the Trump family and Fox News.
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