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.

At the moment, Frank McCourt is the only bidder who has made a public offer to purchase TikTok. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...

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 ...