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New York Post
56 mins

Fox's Lachlan Murdoch may be part of TikTok deal, Trump says

1. Lachlan Murdoch may join U.S. investors for TikTok's U.S. operations. 2. Trump praises Murdoch's potential involvement as American patriotic. 3. Oracle to manage TikTok's data under potential deal arrangements. 4. Timeline for deal may close by December 16; details unclear. 5. Trump has postponed TikTok divestment law implementation multiple times.

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FAQ

Why Bullish?

Lachlan Murdoch's involvement indicates strategic growth potential in digital media, enhancing FOX's market position. Similar past ventures have resulted in stock appreciation.

How important is it?

The article highlights a significant potential shift in FOX's operational landscape, creating opportunities for growth through digital expansion.

Why Long Term?

Involvement in TikTok could enhance FOX's long-term growth prospects, akin to past media acquisitions that strengthened brand value and audience engagement.

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