>The USA forcibly nationalized TikTok
Unlike most nationalizations though in this case the company will be compensated: the new US entity will pay ByteDance licensing fees.
>The USA forcibly nationalized TikTok
Unlike most nationalizations though in this case the company will be compensated: the new US entity will pay ByteDance licensing fees.
Isn't that how it works in China? At least since the 80s. The CCP forces companies to insert their state-backed fund and officials into the cap table. Either through golden shares, forced mergers with state-owned enterprises, or forced equity sales.
I dont know.