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Hunt Valley-based Diamond Comic Distributors, one of the nation’s largest distributors of comics and pop culture goods, has filed for bankruptcy protection. In a Chapter 11 filing Tuesday in U.S ...
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Diamond Comics Distributors, one of the biggest companies involved in getting graphic novels into physical retailers for purchase, is filing for bankruptcy and scaling its business back as the ...
Companies who file under Chapter 11 are able to maintain business assets, which may or may not include licenses, in order to attempt to reorganize. Diamond cited that the decreased consumer ...
As part of the restructuring process, Diamond has received a $39 million stalking horse bid from an affiliate of Universal Distribution (“Universal”) for Alliance Game Distributors.
Universal Distribution Has Made A $39 Million Stalking Horse Bid for Alliance Game Distributors and Non-Binding Letter of Intent to Buy Diamond UK HUNT VALLEY, Md., January 14, 2025--(BUSINESS ...
“Earlier today, Diamond made the difficult but necessary decision to file for Chapter 11 bankruptcy. This step is intended to stabilize our financial foundation and protect the most vital aspects of ...
Industry rumblings were confirmed this morning as Diamond Comic Distributors filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy ...