I think the legislation should pass and I think it should be sold, Mnuchin toldCNBCon Thursday.
Its a great business and Im going to put together a group to buy TikTok.
For now, however, a sale isnt on the table.
Photo: Christopher Willard / Contributor / Jerod Harris / Stringer / Phillip Faraone / Stringer (Getty Images)
The social video platform argues the bill isnt even intended to motivate a sale in the first place.
This is a ban bill full stop, a TikTok spokesperson said.
It may be in the Democrats interests to stymie the legislation.
Canadian investor Kevin OLeary better known as Shark Tanks Mr.
Wonderful toldFox Newshed like to put together an American company to buy the app.
Everyone knows TikTok leaks data to the CCP, OLearytweeted.
Its not a secret.
Its gotta be sold!
TikTok successfully defeated that executive order in court, but it did enter a partnership with Oracle.
Oracle, Bobby Kotick, Steve Mnuchin, and Kevin OLeary did not immediately respond to requests for comment.
TikTok is valued at something like $100 billion.
And if a sale becomes non-hypothetical, it will probably be years before the ensuing court battles are settled.
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