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A woman poses with her smartphone displaying the @realdonaldtrump TikTok page, in Washington, US January 19, 2025.—Reuters
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The White House is playing the role of the White House Investment Bank, Vice President JD Venus is playing in auction. This is an unprecedented level of involvement in a private deal by the country’s highest office that increases the complexity of attacking the deal.
Former Venice Election Commission Chair Sean Cookie is the basic contact for the ticket for US assets, which provides feedback and suggests adjustment to their offers, according to Woming Entrepreneur, Bid Reader Red Rasner.
US President Donald Trump said four different groups are bidding on the popular shortwoody app, which has 170 million US users and are facing the closure of the United States next month if Chinese owner Baitidance does not get any US buyer.
“Many people want this, and it depends on me,” said Richard Absalt, a lawyer for the government ethics at Columbia La School.
The brieflet said, “I am not really familiar with this kind of thing.” It is at a higher level of government, and it is unclear whether it is an important company in terms of strategy. “The White House did not respond to requests for commenting from Venice or his team. Tctk did not respond to the request to comment.
Jeff Yas Susciana International Group, General Atlantic, Kohlberg Cros Roberts and Sequatia Capital byte Dennis are among the US supporters. Sales have attracted the interest of other billionaires and businessmen. Project Liberty founder Frank Mc Court is forming a team on a bid with Canadian investor Kevin Oliery and Reddit co -founder Alexis Ohian. Sources familiar with their plans said that social media star Jimmy Donaldson is talking to join the group.
Mc -Court said that Trump has suggested that the United States can take 50 % of the stake in the US business of Taktok. Mc Court said that the bidding process is nothing but ordinary. He told Reuters that there is no fixed set of assets, no price and baitidance has hired the Investment Bank to guide the deal.
Mc -Court said Beijing has one to say ticket sales and that byright can shut down the app in the United States. He said that the Chinese parent’s company is engaged in a light dialogue, but not towards the degree that will be expected from an enthusiastic seller. Negotiations are controversial, several potential buyers said, who have to reach an agreement by April 5. Officials said Venus expects the general terms of an agreement through the deadline.
The past we intervene
US officials have previously interfered with companies’ private affairs. But it is mostly to prevent them from becoming a monopoly of abuse, not to control foreign companies or prevent financial companies from falling. Has been
The Department of Treasury also regularly reviews foreign investment in US companies who own or control sensitive technology, data or infrastructure, such as $ 14.9 billion for US Steel by Japan’s Napoon Steel. During the 2008 financial crisis, the Federal Reserve broke several deals, including the purchase of JP Morgan’s failed brokerage firm Beer Starens.
The Brieflet said, but the White House encouragement in the sales of Taktok is unclear. During the Biden administration, the Congress banned the app when it was named a national security threat, under which Betnsis need to sell the US buyer to its US assets. Trump signed an executive order to extend the last date of January 19 to 75 days, though he said he could expand it.
The brieflet said, “It is not different that it does not seem to have significant strategic importance in the United States or that the economy or the country will suffer any significant financial or strategic damage if it does not sell, if it does not sell,” the brieflet said.
Trump is not ashamed of the safety of companies of his choice, and warning that the vandalism against Tesla dealership will be considered a domestic terrorism. Trump has supported young voters in 2024, with a limited number of app Takok in his first term.
The price of the sale of trickyak, whose price varies extensively, will depend on whether it includes its signature algorithm or not. Some equity analysts estimate that the algorithm may be worth $ 50 billion to $ 100 billion, which takes the user’s data and is seen as the backbone of the business.
According to two people familiar with the matter, Bipedins told employees this month that its latest share -byback program has valued the entire company by more than $ 315 billion. Trump suggested that the company cost $ 1 trillion.
Weedbish analyst Dan Ivas estimated that without the algorithm, the tricktok would be sold for $ 40 billion to $ 50 billion.
Rasner, who offered a $ 47.45 billion bid for US operations and the algorithm, said his lawyers were in touch with the Washington lobby of Betdance, its General Council and the White House.
“We want to do what we have to do to get it in the end line,” he told Reuters. “And we’re ready to do anything.”
Rasner refused to identify the backdrop of his backers, about which he said that a private equity investor was included. “There are a lot of sharks in the water,” Rasner said about the bid -in -bid -bid process. “We’re visiting some very cut water, and there are many parts.”
