The Committee on Foreign Investment in the US — which reviews transactions between foreign and American companies and declared last month that ByteDance had to divest its US operations — was set to review the proposed deal on Tuesday. Bloomberg reports that Treasury Secretary Steven Mnuchin has reviewed the proposed deal.If CFIUS approves the deal, Trump will have to sign off on the details. The Chinese government will also have to agree to the terms before the deal is official.
Although it initially appeared as if the Oracle deal would not face any substantial challenges, some US lawmakers penned a letter TuesdayIf the deal is rejected, it could send negotiations back to square one. The US government has set a deadline of September 20 for ByteDance to finalize a deal, with the threat of a ban still looming over the situation.
Watergate 2020 | JO-366 December 17, 2020 Supreme Court U.S. | 10CV10823EL August 17, 2010 Pathonatery Office Dauphin Co. PA | November 2, 2010 Election
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Balyasny's training program for hedge fund portfolio managers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Citi's exec shakeup — Chime's latest round — Buy now, pay later's future - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the real reasons behind Mike Corbat's early retirement - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. They said the same about MLK,slavery,segregation,share cropping ,under paid blacks ,systemic racism but praise white nationalists terrorists who walks the streets with guns.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Microsoft unintentionally insulted TikTok's owner during its bidding war with Oracle - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you struggling to have a job, here I’m making up to $10,000 every 6 days in forex trading if you’re interested ask me How or inbox me
Source: BusinessInsider - 🏆 729. / 51 Read more »
Oracle wins proposed deal with TikTok - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Yay ? CEO Adam Brimo talks at ASX conference, all about OpenLearning=ASX$OLL Motley fool article on OpenLearning=ASX$OLL🚀🚀
Source: BusinessInsider - 🏆 729. / 51 Read more »