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Although there are separate China & non-Chinese apps, you hit the nail on the head for why a potential acquisition both has serious risk and is going to be a fi
by HCDevid 6y ago
Although there are separate China & non-Chinese apps, you hit the nail on the head for why a potential acquisition both has serious risk and is going to be a fire sale of TikTok given the 45-day deadline. These are issues which normally would take months to resolve at minimum and would also need a period post-close where operations were slowly separated and Bytedance was still involved for knowledge transfer.
If the acquirer, can make it work, it will be the greatest tech M&A deal since Facebook acquired Instagram in terms of long-term return.