Scenario 3: A U.S.-based buyer takes over

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shaownhasan
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Joined: Sun Dec 22, 2024 6:23 pm

Scenario 3: A U.S.-based buyer takes over

Post by shaownhasan »

Another possible outcome is that a U.S.-based buyer can be ecuador b2b leads found for the app, though this also seems unlikely given the short turnaround time for such.

TikTok has repeatedly noted that the deadline is too short to arrange a sale, and that was when it had 270 days. So the likelihood of it being able to organize a sale within its remaining hours seems slim.

Still, reports have indicated that:

Businessman Kevin O’Leary and investor Frank McCourt have a deal assembled that would enable them to buy the app, if it’s approved by Trump. It would also have to be approved by the Chinese government. No such approval has been granted at this stage.
YouTuber MrBeast has also arranged a deal to purchase the app, but the details are limited and it’s unclear if this is a legitimate offer
The Chinese government, meanwhile, has indicated that it would prefer that Elon Musk purchase the app to keep it running in the U.S., though there’s been no indication that Musk and/or TikTok owner ByteDance would be interested in this arrangement.
Back in 2020, TikTok’s U.S. business was almost sold to a consortium led by Oracle/Walmart, a deal that Trump approved, and could theoretically be resurrected if the parties were interested. Although, there’s been no discussion of this happening.
So there are, at least in theory, options available that could keep TikTok in the U.S., if ByteDance and the Chinese government looked to move
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