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.
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 ...
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 ...
Potential buyers have stepped forward: The People’s Bid for TikTok, a group led by real estate billionaire Frank McCourt and backed by “Shark Tank” star Kevin O’Leary. Their ambitious plan ...
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 ...