STORY: :: March 30, 2025
:: Trump says there’s ‘tremendous interest’ in
TikTok ahead of its Saturday sale deadline
“We have a lot of potential buyers. There’s tremendous interest in TikTok, the decision is going to be my decision, as you know, through Congress, they’ve given me the power to make the decision.”
“We’re dealing with China who also want it because they may have something to do with it. We’ll see how that goes. But it’s, it’s something I think you gonna have… I’d like to see TikTok remain alive.”
Trump set the April 5 deadline in January for TikTok to find a non-Chinese buyer or face a U.S. ban on national security grounds due to have taken effect that month under a 2024 law.
“We have a lot of potential buyers,” Trump told reporters on Air Force One late on Sunday. “There’s tremendous interest in Tiktok,” adding, “I’d like to see Tiktok remain alive.”
TikTok did not immediately comment.
Reuters reported on Friday private equity firm Blackstone is evaluating making a small minority investment in TikTok’s U.S. operations, according to two people familiar with the matter.
Blackstone is discussing joining ByteDance’s existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok’s U.S. business. The group has emerged as front-runners.
This article was originally published by a finance.yahoo.com . Read the Original article here. .