Bid for TikTok could give US Government a 50% stake

Perplexity AI proposes TikTok merger with 50% U.S. government ownership stake
Perplexity is seeking to create a new $300-billion public company with TikTok's U.S. business and include investments from other investors.
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."
New TikTok Bid Could Give US Government 50% Stake
The revised proposal allows for a new structure merging Perplexity AI and TikTok's U.S. business. The U.S. government could acquire up to a 50 percent nonvoting stake after a public offering valued at $300 billion or more. ByteDance would maintain equity in the new entity but cede control to a U.S. board.
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US government: Report
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% equity during an IPO valued at $300 billion. ByteDance would sell TikTok US to investors while retaining its recommendation algorithm.
Perplexity AI revises TikTok proposal to give U.S. gov 50% stake, CNBC says
Perplexity AI revised the merger proposal it had submitted to TikTok parent, Hayden Field of CNBC reports. The proposal, which would create a
Perplexity AI Proposes Merger With TikTok, Offering Half To US Government, Source Claims
Perplexity AI has suggested a merger with TikTok, proposing to allocate half of the deal to the US government, according to a source.
Perplexity AI bids to merge with TikTok US amid looming ban, source says
Search engine startup Perplexity AI submitted a bid on Saturday to TikTok's Chinese parent ByteDance for Perplexity to reportedly merge with TikTok.
Perplexity AI proposes TikTok merger, giving US govt half: source
US startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with
Perplexity AI proposes US stake in TikTok merger: Report
Perplexity AI revises its TikTok U.S. merger plan, offering a bold proposal that includes U.S. government ownership, to balance investor interests and address national security concerns.
Perplexity AI's revised TikTok bid could give U.S. government 50% stake
(Reuters) -- U.S. search engine startup Perplexity AI has revised a merger proposal submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
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