450 billion yuan! Microsoft Acquires TikTok, Its Share Price Approaches a Record High

Microsoft may make a lot of money this time.
After the resumption of the acquisition of TikTok, Microsoft once rose nearly 5% to close to the historical high price.
After the US stock market opened on the evening of the third day, Microsoft once rose 4.95% to 215.16 US dollars, approaching the historical high price of 216.38 US dollars set in early July.
Its total market value was 1.63 trillion US dollars, ranking second in the world after Apple.
On August 2 local time, Microsoft released a statement on its official website, saying that it would continue to negotiate on the acquisition of TikTok's business in the United States, which should be completed by September 15 at the latest.
Microsoft said it was negotiating with ByteDance to acquire TikTok's businesses in the United States, Canada, Australia and New Zealand.
If Microsoft succeeds in the acquisition, it will own and operate TikTok in these markets.
Microsoft may invite other American investors to participate in the acquisition in the form of minority equity.
As of press release, Microsoft's growth rate was about 4%.
After a rough calculation, the fund's market value increased by more than 60 billion dollars, equivalent to more than 450 billion yuan.
After Microsoft's statement on Sunday, heavyweight members of both parties in Congress successively expressed their support for American companies to buy TikTok.
Schumer, Democratic leader of the US Senate: An American company should buy TikTok, and must find a safe way to keep TikTok running.
Several heavyweight Republican senators declared their support for the deal.
Republican Senator Rubio Marco Rubio has been critical of TikTok, He was one of several Republican lawmakers who supported the deal on Sunday: "I was one of the first people to warn about the danger posed by TikTok last year.
As I shared with the President and the White House, if TikTok and its data can be purchased and protected by a trustworthy American company, it will be a positive and acceptable result.
Former CEO of Microsoft, Steve Ballmer: The acquisition of TikTok is exciting, Beijing time, August 3 evening news, former CEO of Microsoft, Steve Ballmer Today said that Microsoft's pursuit of TikTok is "exciting".
At the same time, Microsoft has the ability to deal with any regulatory issues that follow.
Microsoft confirmed in a blog post on Sunday that the company has negotiated with TikTok's parent company, "ByteDance", to acquire TikTok's business in the United States, Canada, Australia and New Zealand.
Last Friday, President Trump of the United States said he was opposed to the potential transaction.
However, Microsoft said in its blog on Sunday that its CEO Satya Nadella had talked with Trump and planned to complete the acquisition negotiations before September 15.
In response, Ballmer said in an interview with the media today: "I think this is an exciting proposal for Microsoft.
Obviously, it depends on the price.
Price is important, and the relevant government restrictions are also important.
Anyway, I think this is an exciting way for Microsoft to really expand its consumer base." At present, Ballmer is still the largest shareholder of Microsoft.
Ballmer said: "There are successes and failures in consumer business.
I think