A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance.

Project Liberty, an internet advocacy group led by Frank McCourt, declared on Thursday that it had offered to purchase the social networking platform from ByteDance, a Chinese technology company. TakeAway Points: An offer has been made by Project Liberty to purchase TikTok from ByteDance prior to its prohibition9.

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt's Project Liberty and its consortium of partners in The People's Bid said on Thursday they proposed to make a formal bid to ByteDance to buy TikTok's U.

An organization founded by billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, and its partners on Thursday said they made a formal bid to acquire the U.S. assets of TikTok as the popular social media platform faces a possible nationwide ban later this month.

Billionaire Frank McCourt, the former owner of the Los Angeles Dodgers, said he is leading a group of backers to make a bid for the video social media site TikTok just days before a deadline the Chine

A consortium led by billionaire Frank McCourt, former owner of the Los Angeles Dodgers, has submitted a formal bid to

Frank McCourt’s Project Liberty consortium has proposed to buy TikTok’s US assets, securing financial backing for the deal.

The internet advocacy group’s proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.

With the future of TikTok’s ownership hanging in the balance, two uber-rich, politically connected investors are lying in wait, hoping to snag the app if it’s ultimately put on the market.

Entrepreneur and former Los Angeles Dodgers owner Frank McCourt’s Project Liberty and its consortium of partners in The People’s Bid said today they proposed to make a formal bid to ByteDance to buy TikTok’s U.