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What will be the outcome of Kevin O'Leary's TikTok acquisition bid by January 19, 2025?
2
Resolution / Starting Odds
Acquisition completed • 25%
Acquisition rejected • 25%
Deadline extended • 25%
TikTok banned • 25%
Official announcements from ByteDance, Kevin O'Leary, or U.S. government
Story
Kevin O'Leary Offers $20 Billion to Buy TikTok's U.S. Operations from ByteDance Before Deadline
Jan 17, 2025, 11:07 PM
Kevin O'Leary, known from 'Shark Tank,' has offered $20 billion in cash to purchase TikTok's U.S. operations from ByteDance. This bid comes as the Supreme Court upheld a federal law that would ban TikTok unless it is sold to a non-Chinese entity by January 19. O'Leary's proposal aims to keep the platform operational for its 170 million U.S. users, amid concerns over national security and data privacy. He has expressed readiness to work with ByteDance to finalize the deal before the looming deadline.
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Similar markets
Deadline extended • 25%
Acquisition successful • 25%
Other outcome • 25%
Acquisition failed • 25%
Offer Rejected • 25%
Offer Accepted • 25%
Negotiations Extended • 25%
Other Outcome • 25%
Bid rejected • 25%
Bid still under negotiation • 25%
Bid accepted • 25%
No bid outcome announced • 25%
Rejected • 25%
Counteroffer made • 25%
No decision by deadline • 25%
Accepted • 25%
Deal extended • 25%
Acquisition successful • 25%
Acquisition unsuccessful • 25%
TikTok banned • 25%
Bid Modified • 25%
Bid Accepted • 25%
Bid Rejected • 25%
No Decision • 25%
No • 50%
Yes • 50%
