Kevin O’Leary Joins Bid To Acquire U.S. Assets Of TikTok As Possible Ban Looms
HuffPost
The “Shark Tank” investor told Fox News he spoke to President-elect Donald Trump about the effort.
“Shark Tank” investor Kevin O’Leary announced Monday that he has joined a bid to buy the U.S. operations of TikTok at a critical juncture in the platform’s future in the country.
In an interview with Fox News, O’Leary said he visited Donald Trump at Mar-a-Lago over the weekend, where he got a chance to discuss his plan to join forces with American business executive and former owner of the Los Angeles Dodgers Frank McCourt to acquire control of the social media app’s U.S. assets.
“I have joined with Frank McCourt to buy TikTok,” O’Leary told the network. “This is a very complicated deal. It’s a multi-billion dollar deal.”
O’Leary said he plans to advance his bid by working with outgoing President Joe Biden and Trump once he takes office.
“This is a bipartisan situation,” he said. “We have to work initially with Biden, and we want to. And then... Trump will be who we have to work with to close the deal in the months ahead. So I wanted to let [Trump] know as well as others in his Cabinet that we’re doing this and we’re going to need their help.”
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