Just spoke to a senior administration official about the state of play on Oracle/Tik Tok right now. SAO said: No former CFIUS committee meetings yet, but Steven Mnuchin is holed up on the phones trying to work this out with his team. “No final decisions have been made.”
SAO: There is still “a chance” for an Oracle/Tik Tok deal by Monday.
But SAO also said: “WeChat is dead in the United States.”
SAO on Tik Tok: “Mnuchin cares about the deal but POTUS could take it or leave it.”
SAO says the Chinese government has not blessed the deal yet: “Chinese government has yet to signal that they would take the deal. That’s an important point here. They will be heard from.”
The official says that there is a scenario in which the parties could agree to a deal and Trump could bless it, and the Chinese will block the sale anyway.
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