Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports
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Former U.S. Treasury Secretary Steven Mnuchin is assembling a group of investors to purchase TikTok, following the passing of a bill that would require the app's Chinese owner to divest its U.S. assets within six months. Mnuchin believes the legislation should pass and sees TikTok as a valuable business opportunity. TikTok's CEO has stated that the company will use legal means to prevent a ban.
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