Oracle said to offer $10bn cash, $10bn shares for TikTok US

Oracle said to offer $10bn cash, $10bn shares for TikTok US – plus profit share

Posted by LinuxBender on Monday August 31, 2020 @10:35AM
from the theregister.com dept.

( 2 comments | 3 points | on HN )

Re:Oracle said to offer $10bn cash, $10bn shares for TikTok ... by person_of_color on Monday August 31, 2020 @10:44AM (#24331950)

This whole thing is completely insane. Banana republic worthy.

[ Parent | on HN ]

Re:Oracle said to offer $10bn cash, $10bn shares for TikTok ... by tizz98 on Monday August 31, 2020 @11:10AM (#24332241)

It's hard to fathom that this, or any, app is worth this much money. Also, how does Oracle have that much money lying around for an acquisition??

[ Parent | on HN ]