#CNBC Abu Dhabi-based MGX, a buyer of TikTok U.S., has ties to Trump’s personal business

Abu Dhabi-based MGX, a buyer of TikTok U.S., has ties to Trump’s personal business
President Donald Trump on Thursday signed an executive order approving a proposed deal to create a new joint-venture company that will oversee TikTok in the U.S.

One of the main investors in TikTok’s U.S. business — Abu Dhabi-based MGX — has a long history with Trump and his personal business. CNBC’s Eamon Javers has the details.

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