From Bloomberg Markets and Finance.

‘Shark Tank’ investor Kevin O’Leary speaks to Bloomberg Television about his bid for TikTok, which he calls "an interesting asset." O’Leary and billionaire Frank McCourt, former owner of the Los Angeles Dodgers, made a formal offer to buy TikTok earlier this month. "We’re not conflicted in any way and we have the cash," O’Leary says. He adds that their bid of $20 billion is derived from a rough calculation based on TikTok’s US operations as a share of ByteDance’s overall value.
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