Private equity firm Blackstone Inc. has pulled out of a group of investors seeking to take a minority stake in TikTok’s US-based business, according to a person familiar with the…
Tech
Blackstone drops out of group seeking stake in US-based TikTok
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Blackstone has ceded its potential stake in TikTok’s US operations to the other investors in a consortium that includes Oracle Corp, venture capital firm Andreessen Horowitz and growth equity investment firm General Atlantic, said the person, who asked not to be named while discussing private conversations.
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