TikTok to take legal route if divestiture bill is passed

Daniel Puchert

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TikTok to exhaust all legal challenges before considering sale
TikTok intends to exhaust all legal challenges before it considers any kind of divestiture from Chinese parent company ByteDance Ltd. if the latest US legislation targeting the app becomes law, according to people familiar with the matter.

A sale of the viral video app is considered to be the last resort for ByteDance, said the people, who asked not to be identified discussing private matters.
 
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