Trump administration will reportedly get $10 billion for brokering the TikTok deal
The Trump administration is reportedly set to receive $10 billion in fees for brokering the deal that allowed TikTok to remain operational in the US. Investors including Oracle, Silver Lake, and MGX have already paid $2.5 billion, with further payments expected to reach the total sum. This follows previous significant financial dealings by the administration with companies like Intel and Boeing.
- Entities
- Company: Intel
- Company: Silver Lake
- Company: MGX
- Person: JD Vance
- Topic: Mergers and Acquisitions
- Company: Boeing
- Company: TikTok
- Company: Qatari government
- Company: Oracle
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