Checked fact 186119 Oct 2026Money and compute

The filing says that if higher or better offers are unavailable, or if the transaction with Disney is not approved, Character's platform will be wound down.

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The exact words it rests on

If such offers are unavailable, or if the transaction with Disney is not approved, Character's platform will be wound down.

What the source said when we opened it, on 19 Oct 2026.

The source

Debtor motion for bidding procedures and Disney as stalking horse purchaser, Case 26-11603 (BLS), Doc 15
US Bankruptcy Court, District of Delaware (Stretto case site) · 2026-10-13

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Checked

Checked by the notis newsroom on 19 Oct 2026, against the source above.

In the story

Disney agreed to hire most of Character's staff, filing says 19 Oct 2026

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In a sentence

“The filing says that if higher or better offers are unavailable, or if the transaction with Disney is not approved, Character's platform will be wound down.” ai notis, checked 19 Oct 2026. Source: Debtor motion for bidding procedures and Disney as stalking horse purchaser, Case 26-11603 (BLS), Doc 15 (US Bankruptcy Court, District of Delaware (Stretto case site)). https://ainotis.com/c/1861

As a reference (APA style)

ai notis. (2026, October 19). The filing says that if higher or better offers are unavailable, or if the transaction with Disney is not approved, Character's platform will be wound down [Checked claim 1861]. ai notis. https://ainotis.com/c/1861

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