TikTok signs deal to sell US unit to company led by US investors
By David Shepardson WASHINGTON, Dec 18 (Reuters) – TikTok’s Chinese owner ByteDance has signed binding agreements with three major investors to sell just over 80% of the company’s U.S. assets to U.S. and global investors to avoid a U.S. government ban, TikTok Chief Executive Shou Zi Chew told employees on Thursday. The deal is an…