President Appears to Bless Budding Microsoft-Tiktok Deal, Continues Evolution on Possible Transaction
Microsoft | August 04, 2020
In one of the crazier news stories (and in 2020, that is saying something), President Donald Trump said today during a media availability event that in order for the U.S. government to sign off on a potential Microsoft/TikTok deal, “a very substantial portion of that price is going to have to come into the Treasury of the United States,” based on my colleague Alex Wilhelm’s rough transcript.