However, these investors are also reportedly pushing for a deal most likely to garner full support from the Trump administration.these investors have acted as intermediaries between the White House and ByteDance . With Oracle executives' ties to Donald Trump and the president's vocal support for Oracle's bid, it seems the investors see this choice as the one most likely to succeed.
Centricus has not been linked to ByteDance nor Triller in the past, so it's unclear what their interest is. It is worth nothing thatBloomberg reported Friday that Centricus and Triller submitted a joint bid to ByteDance, in which Centricus would be majority shareholder and Triller would get a minority stake. The proposed deal — to acquire TikTok's assets in the US, Australia, New Zealand, and India — offers $20 billion.This last-minute deal seems unrealistic, but it's the only offer to come with existing infrastructure for a short-form video platform like TikTok.
that the investment firm had shown "significant interest" in joining onto Microsoft's bid. Microsoft has previously said it might allow investors to buy minority stakes in the company if the acquisition were to go through.It's unclear, given Blackstone had not shown interest before in TikTok or ByteDance.
Disclosure: Mathias Döpfner, CEO of Business Insider's parent company, Axel Springer, is a Netflix board member.LoadingBy clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our
PR stunt to be in news for both sides..tiktok and buyer.
Everyday you have a new company in talks of buying TikTok, just to only inflate their stock price! You think Twitter has the market cap to purchase TikTok!? Really now!
Like vultures carving up a private company with no justice.
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