AppLovin tweaks $1.4b takeover by China's Orient Hontai into debt deal

AppLovin tweaks $1.4b takeover by China's Orient Hontai into debt deal

A customer counts Chinese Yuan notes at a market in Beijing, August 12, 2015. REUTERS/Jason Lee

AppLovin has tweaked a $1.4 billion agreement to sell itself to Chinese buyout firm Orient Hontai Capital into a debt investment, the U.S. mobile marketing firm said on Tuesday, after the U.S. government pushed back against the original deal.

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