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.

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.

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.

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

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.

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.

Soccer team owner Frank McCourt and "Shark Tank" personality Kevin O'Leary are leading a bid to buy TikTok from Chinese parent Bytedance.