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 ...

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

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.

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Other investors also eyed TikTok. “Shark Tank” star Kevin O’Leary recently said a consortium of investors that he and billionaire Frank McCourt offered ByteDance $20 billion in cash.

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 ...

At the moment, Frank McCourt is the only bidder who has made a public offer to purchase TikTok.

"Shark Tank" star Kevin O'Leary recently said a consortium of investors that he and billionaire Frank McCourt put together offered ByteDance $20 billion in cash. Trump's Treasury Secretary Steven ...