BRIEF — Character.Ai Initiates Voluntary Chapter 11; Enters Stalking Horse Agreement With Disney For $20 Million
Oct 12 (Reuters) — The Walt Disney Company: Character.ai Initiates Voluntary Chapter 11 Proceeding To Facilitate Value-maximizing Sale Process Character.ai- Reaches Stalking Horse Agreement To Sell Certain Assets To Affiliate Of Walt Disney Company Character.ai- During Sale Process, Co Expects To Continue Operating Its