Billionaire investor Frank McCourt, former owner and chairman of the Los Angeles Dodgers and Dodger Stadium, says he is investigating the legality of the Trump administration’s deal that would see TikTok purchased by a coalition that reportedly includes Oracle, Silver Lake and the Saudi-owned MGX.
In an interview with CNN’s Terms of Service podcast, McCourt stopped short of saying he would challenge the deal in court or attempt to join the ownership group. But the information that has been publicly released so far is insufficient and doesn’t address whether the national security concerns with TikTok have been addressed, he said.
The status of the sale of TikTok in the U.S. remains in limbo as China and the U.S. continue jockeying over trade issues and rare-earth materials. “I’ve asked an