U.S. investors, companies set to own majority stake in TikTok U.S. operations: source

U.S. investors, companies set to own majority stake in TikTok U.S. operations: source

4 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-usa-tiktok-china/u-s-investors-companies-set-to-own-majority-stake-in-tiktok-u-s-operations-source-idUSKBN2682NL

U.S. investors and companies, including Oracle Corp, are set to hold at least a 60% stake in TikTok's U.S. operations, a person briefed on the matter told Reuters, a move that could help ease concerns raised about the deal by U.S. President Donald Trump.