The billionaire declined to share details on his sources of financing, but said private equity firms and family offices have reached out.

Last week, after several months of public interest, Frank McCourt and a group of coinvestors, including Shark Tank host Kevin O’Leary, sent ByteDance a formal offer to buy TikTok. Leading the ...

Frank McCourt ... Donald Trump said last week he would like the U.S. to have a "50% ownership position in a joint venture" in TikTok. With all the twists and turns, McCourt said he's open to ...