Fox Corp. , led by chairman and CEO Lachlan Murdoch , is among investors negotiating to acquire a stake in the carved-off TikTok U.S. entity.

President Donald Trump revealed the Murdochs’ involvement in the TikTok deal on Sunday, as part of his administration’s months-long effort to “save” TikTok by bringing its ownership structure in compliance with U.S. law . In an interview that aired on Fox News’ “The Sunday Briefing,” the president said Lachlan Murdoch and his father, Rupert, are “probably going to be in the group, I think they’re going to be in the group.” Trump also said Oracle founder billionaire Larry Ellison and Dell Technologies founder Michael Dell are in the mix as prospective TikTok U.S. owners.

Reps for Fox Corp. did not respond to a request for comment. The value

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