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Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."
Perplexity AI wants to buy TikTok — and give the U.S. government a big stake
Perplexity AI has reportedly revised its initial offer to merge with TikTok — this time with a carveout to give the U.S. government 50% control in a future initial public offering (IPO).
Perplexity AI revises TikTok proposal to give U.S. gov 50% stake, CNBC says
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a
Perplexity AI’s new TikTok merger plan could see US govt owning 50% stake
Perplexity AI has revised its merger proposal to ByteDance, the parent company of TikTok, to include a provision allowing the US government to own up to 50% of the new entity following an IPO, CNBC reported.
2d
on MSN
These Billionaires, Companies And Investors Could Buy TikTok—As Trump Eyes ‘Bidding War’ With Microsoft
ByteDance, TikTok’s parent company, is required to sell the app to a U.S.-based buyer or face a nationwide ban.
3d
Trump’s reported plans to save TikTok may violate SCOTUS-backed law
There's no telling yet if Trump's plan can set up a better version of Project Texas or convince China to sign off on a TikTok ...
8d
on MSN
Kevin O'Leary says he would 'love to do a TikTok deal,' but the law prevents it
Kevin O’Leary says that he’s still interested in deal for TikTok, but that it’s no longer legally viable, even after Trump ...
Forbes
4d
These Billionaires, Companies And Investors—Elon Musk, Kevin O’Leary And More—Could Buy TikTok As Ban Starts
in a deal that would allow for most of
ByteDance
’s investors to retain their equity stakes, a source familiar with the situation told
CNBC
. O’Leary told Fox he put $20 billion “on the table ...
3d
on MSN
Perplexity AI proposes to merge with Tiktok, with US government getting half, source says
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ...
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