post in : Comics , Current News| Tagged : Alliance , failure , diamond
A US bankruptcy court hearing to approve the Diamond Comic Distributors dictation is countersink for Monday … but Diamond UK is not part of the deal
Article Summary
As Bleeding Cool suggested originally , Diamond ’s UK business operations are not admit in the purpose sale and they tell that Diamond UK will continue to manoeuver business organisation as usual as well . What will happen to Diamond UK is still unknown .
" We bear on to do work diligently with our legal and financial advisors to follow the secure path forward for the troupe and are proud of with the unassailable interestingness in Diamond ’s asset throughout this process . Our priority as we affirm a emptor stay minimize to-do to publishers , retail merchant , our employees , and comic and game fans everywhere . We will continue to ply updates as the process retain , " say Diamond Chief Restructuring OfficerRobert Gorin .
Diamond Comics Distributorsdeclared Chapter 11 bankruptcyearlier this year , and after a Stalking Horse bid for Alliance Games and Diamond UK , Alliance Entertainment made a succeed bidfor much of the Diamond and Geppi estate – though not Diamond UK , it seems . If this bid is not approve , there is a back - up play from Universal(who wants the comics side ) and Ad Populum ( who wants the game side ) . But either way , there areplenty of change come all over the place . Place your bets as to how this is all rifle to go down …
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