January 18, 2021
Business News

TikTok owner gets another week to sell its US business – CNN

(CNN Business)TikTok’s deadline to finalize a US buyer has been extended for the second time in less than a month.
The Trump administration on Wednesday gave the short-form video app’s Chinese owner, ByteDance, until December 4 to conclude a proposed takeover deal by Oracle and Walmart, according to a spokesperson for the Treasury department.
“The Committee on Foreign Investment in the United States (CFIUS) has granted ByteDance a one-week extension…to allow time to review a revised submission…

Click here to view the original article.

Related Posts

You might also like ...

Samenvatting: EG Group kiest PDI om contactloze betalingen naar zijn Noord-Amerikaanse sites te brengen
Westrock Coffee Company Appoints Chris Pledger Chief Financial Officer
My Eyelab Opens New Optical Stores in Dallas, TX Area