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Billionaire Frank McCourt’s TikTok bid has $20B in ‘informal commitments’: report

Billionaire Frank McCourt’s TikTok bid has $20B in ‘informal commitments’: report

Billionaire Frank McCourt has reportedly secured $20 billion in investor commitments toward a potential acquisition of China-owned TikTok – an effort that could gain steam after a federal appeals court upheld Congress’s law requiring a sale of the app on Friday.

Billionaire Frank McCourt has reportedly secured $20 billion in investor commitments toward a potential acquisition of China-owned TikTok – an effort that could gain steam after a federal appeals court upheld Congress’s law requiring a sale of the app on Friday.

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