Diamond Comic Distributors Files Chapter 11 Bankruptcy

The company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court in the District of Maryland.

Diamond Comic Distributors announced on Tuesday that it has declared Chapter 11 bankruptcy.

Diamond is also actively pursuing offers and has received interest from buyers for its other business units, which include: Diamond Book Distributors, Collectible Grading Authority, Diamond Select Toys, and its main distribution lines.