Perplexity AI alters TikTok merger offer, with possibility of 50% U.S. government stake - reports
Perplexity AI revised its merger offer to TikTok parent ByteDance (BDNCE) over the weekend, with a new future IPO that could open up to a 50% stake for the U.S. government, according to multiple news reports.
Perplexity Submits Revised Proposal For Merging With TikTok US
Perplexity AI has revised its merger proposal with ByteDance to allow the US government to own 50% stake in the new company.
Perplexity AI proposes to merge with Tiktok, with US government getting half, source says
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
Perplexity AI fresh TikTok offer calls for $300B IPO
Perplexity AI reportedly modified a proposed merger offer for ByteDance's TikTok US, with the US government to take a 50 per cent stake.
Perplexity AI may save TikTok with a merger that’s half owned by the US government
Perplexity AI search startup has a new proposal to merge with TikTok, which would give the US government a stake of up to 50%.
Perplexity AI revises Tiktok merger proposal that could give the U.S. government a 50% stake
A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."
Perplexity AI Proposes TikTok U.S. Merger with U.S. Government Stake
Perplexity AI has revised its merger proposal to ByteDance, TikToks Chinese parent company, aiming to create a new U.S.-based entity, according to sources. The plan suggests that the U.S. government could own up to 50%
Perplexity AI's Bold Bid: Merging with TikTok U.S.
Perplexity AI proposes a merger with TikTok U.S., offering a new U.S. holding company where the U.S. government would own up to 50% post-IPO, excluding TikTok's core algorithm. The proposal aims to create 'NewCo',
Perplexity AI TikTok Merger Proposal with 50% US Stake
Perplexity AI revises its TikTok merger proposal, offering 50% U.S. ownership. Know the latest developments in the deal and its potential impact.
Perplexity AI Wants to Merge With TikTok, Give US Government Half of the Company
TikTok, which faces the ticking clock of a ban enforcement, is being pursued by several suitors for a US merger or sale.
Perplexity AI's Bold Proposal: Merging with TikTok's US Business Amid Political Tensions
Perplexity AI proposes a deal for the US government to own 50% of a new entity merging with TikTok's US business. The revised proposal allows ByteDance to retain some ties but excludes the algorithm.
Perplexity AI revises merger proposal with TikTok, offers 50% equity to US, ByteDance to retain algorithm: Report
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
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Trump’s White House is evaluating US investors for TikTok takeover
President Donald Trump is in the middle of a chaotic race to secure the future of TikTok in America. Speaking aboard Air ...