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Checked fact 193519 Oct 2026Money and compute

The declaration says the Stalking Horse Transaction is proposed to serve as a baseline bid for prospective bidders and will be subject to higher and otherwise better bids for the Disney Target Assets under the Bidding Procedures.

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The exact words it rests on

The Stalking Horse Transaction is proposed to serve as a baseline bid for prospective bidders to negotiate from and will be subject to higher and otherwise better bids for the Disney Target Assets pursuant to the Bidding Procedures.

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

The source

Declaration of Adam Dunayer in Support of the Debtor's Bidding Procedures Motion, Case 26-11603 (BLS), Doc 17
US Bankruptcy Court, District of Delaware (via CourtListener RECAP) · 2026-10-13

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Checked

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In the story

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

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