Fox is in talks to join an investor group poised to acquire TikTok ’s U.S. operations, sources familiar with the situation told Deadline.

President Donald Trump signaled earlier in the day potential involvement by the company’s CEO Lachlan Murdoch and chairman emeritus Rupert Murdoch. Deadline hears the investment would come from the Fox side, not a personal investment by the chief executive or from the Murdoch’s sister company News Corp. It would would be a major deal soon after Rupert’s oldest son consolidated his hold over the family media empire .

The consortium could also include Oracle chairman Larry Ellison, whose participation has been floated for months, and Dell Technologies CEO Michael Dell.

“A man named Lachlan is involved,” Trump said told Fox News’ The Sunday Bri

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