Frank McCourt says he is open to teaming up with other buyers on a bid to take over the US operations for TikTok. He speaks with Bloomberg's Caroline Hyde and Michael Shephard. Ja ...
The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.
Frank McCourt said his Project Liberty consortium, which has bid to buy TikTok, would be comfortable sharing ownership of the app so long as it's hosted on tech developed by his nonprofit.
Last week, after several months of public interest, Frank McCourt and a group of coinvestors, including Shark Tank host Kevin O’Leary, sent ByteDance a formal offer to buy TikTok. Leading the ...
Jan 16 (Reuters) - Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned ...
U.S. businessman Frank McCourt is open to teaming up with other buyers on a bid to take over the U.S. operations of TikTok as long as he can maintain control of the asset, he told Reuters at the ...