Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports

Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports
Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports

Hello and welcome to the details of Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports and now with the details

Nevin Al Sukari - Sana'a - Steven Mnuchin is looking for investors to purchase TikTok. — Reuters pic

NEW YORK, March 14 — Former US Treasury Secretary Steven Mnuchin is putting together an investor group to try to buy TikTok, he told CNBC today.

His comment comes just a day after the US House of Representatives passed a bill that would give the short-video app’s Chinese owner ByteDance about six months to divest the US assets or face a ban.

TikTok had called the bill a “ban” and urged senators to listen to their constituents before taking any action.

“I think the legislation should pass and I think it should be sold,” Mnuchin told CNBC’s “Squawk Box” today. “It’s a great business and I’m going to put together a group to buy TikTok,” he said.

Advertisement

TikTok CEO Shou Zi Chew said yesterday that the company will exercise its legal rights to prevent a ban. — Reuters

Advertisement

These were the details of the news Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Rwandan expelled from US given life genocide term
NEXT Barrage of Russian attacks aims to cut Ukraine's lights

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]