Disney offers jobs to majority of bankrupt Character.AI employees
DIS Walt Disney Co
$109.59 -0.90%
View chart & analysis → - 1Disney (DIS) plans to extend job offers to at least 60 employees of the bankrupt Character.AI
- 2This represents over half of the total workforce with annual compensation of approximately $60 million, and most offered employees have accepted
- 3The disclosed acquisition price is $20 million, but as a stalking horse bid, another company could offer a higher amount
So what's the key point?
Most employees from the bankrupt chatbot company Character.AI are moving to Disney. However, this deal could change if another company offers a higher price.
Source TechCrunch +1 · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.