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 ...

Billionaire Frank McCourt is vying to acquire TikTok's U.S. operations, contingent on maintaining control. Interest from private equity and family offices accompanies his bid. U.S. political backing and the Supreme Court's decision fuel the competitive landscape as bidders anticipate a $20 billion purchase without TikTok's algorithm.

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

Plus, YouTube star MrBeast, Elon Musk and Oracle Chairman Larry Ellison are among the names on a list of potential U.S. buyers for TikTok.

Last week, after several months of public interest, Frank McCourt and a group of coinvestors, including Shark Tank host Kevin O’Leary, sent ByteDance a formal offer to buy TikTok. Leading the ...

Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.

Frank McCourt has expressed a willingness to retain TikTok's existing investors in the deal to acquire its U.S. operations from ByteDance. The bid, valued at $20 billion, includes contingencies to address national security concerns.