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Group of Three Investors, Including Oracle (ORCL), Will Take Up ~50% Stake in TikTok U.S., Reports Reuters

Oracle Corporation (NYSE:ORCL) is one of the Best WallStreetBets Stocks to Invest In. On September 25 (updated as of September 26), Reuters reported that a group of three investors, including Oracle Corporation (NYSE:ORCL) and private-equity firm Silver Lake, will take up ~50% stake in TikTok U.S. Reuters, while quoting CNBC, noted that earlier Abu Dhabi-based MGX, Oracle Corporation (NYSE:ORCL) and Silver Lake were poised to be the main investors in TikTok U.S. with a combined 45% ownership. In a recent d ...