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TikTok CEO's exit signals deal imminent - CNBC

FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration

(Reuters) - TikTok Chief Executive Officer Kevin Mayer’s exit indicates that a deal, likely a sale to Microsoft, could come in the next 48 hours, CNBC reported on Thursday, citing sources.

Reporting by Munsif Vengattil in Bengaluru, Editing by Sherry Jacob-Phillips

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