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Market Chatter: ByteDance Explores Alternatives to Sale of US Operations
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Market Chatter: ByteDance Explores Alternatives to Sale of US Operations
Jan 24, 2025 4:26 AM

07:09 AM EST, 01/24/2025 (MT Newswires) -- ByteDance is exploring a deal that would allow it to continue operating TikTok in the US without selling its operations, Bloomberg reported, citing board member Bill Ford.

Options include a change of control over the company to bring into compliance with US laws, Ford told Bloomberg.

Ford's private equity firm General Atlantic holds a stake in TikTok parent company ByteDance.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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