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Friday, 12 April 2024

Docs: ByteDance has offered to buy shares held by non-US employees for about $171 each, as US employees grow concerned about tax bill on unsold stock (Financial Times)

Financial Times:
Docs: ByteDance has offered to buy shares held by non-US employees for about $171 each, as US employees grow concerned about tax bill on unsold stock  —  TikTok's Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock



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Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners (Aaron Holmes/The Information)

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