Alliance Entertainment (AENT) announced that it has been selected as the winning bidder to acquire substantially all of the assets of Diamond Comic Distributors, Inc., currently being sold through a court-supervised bankruptcy process. The proposed acquisition, which is subject to Bankruptcy Court approval, includes Diamond Comic Distributors, Alliance Game Distributors, Diamond Select Toys & Collectibles, and Collectible Grading Authority, which collectively represent a 42-year-old enterprise recognized as a category-defining leader in comic books, tabletop games, pop-culture merchandise, and collectible grading.
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