The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

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 ...

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.

The Vice President of the United States, JD Vance, will oversee the divestment of TikTok's (BDNCE) American operations from its Chinese parent, ByteDance, the New York Post reported Friday, citing ...

A group of American investors, including YouTube star MrBeast and Roblox CEO David Baszucki, has secured over $20 billion for ...

Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the US operations of the Chinese-owned short-form video app ...

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 ...

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 ...