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Trump Says TikTok Deal Within Reach, Involves Multiple Investors
President Donald Trump said the US was close to unveiling a plan that would spare the Chinese-owned social media app TikTok from a US ban, with multiple investors involved in discussions for a deal.
Under the bid reviewed by Trump, new outside investors would own 50% of TikTok’s US business in a unit that would be spun off from ByteDance, two of the people said. Photographer: Bing Guan/Bloomberg
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