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U.S. Investors Exploring TikTok Deal With Oracle

The Information · Martin Peers · last updated

ByteDance’s U.S. investors are considering participating in an Oracle-led deal to take control of TikTok and avert a ban of the app, according to reports in the Financial Times and Reuters.

According to the reports, shareholders such as Coatue, KKR, General Atlantic and Susquehanna would …

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Related Knowledge Center: The TikTok ban

State of Play

The U.S. Congress passed and President Joe Biden signed into law a measure banning TikTok if it weren’t sold by its Chinese ownership. But now-President Donald Trump gave the service a reprieve, and a sale of its U.S. operations appears imminent.

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