Alliance Entertainment put an end to the agreement to buy Diamond band distributors, said the company in a dryer’s file. “On April 24, 2025, the company sent a notice of termination to Diamond Comic Distributors, Inc. (” Diamond “), ending the asset purchase agreement previously executed to acquire almost all of the Diamond assets thanks to a bankruptcy processing process,” said the file. “The termination was in effect immediately.”
This is the last surprising development in the drama surrounding the auction of Diamond assets, including alliance game distributors and Diamond Select toys. Alliance Entertainment was declared the winner on the day of the bankruptcy auction; Diamond then changed his mind and declared a joint offer from Universal Distribution, LLC, and Neca and Wizkids Parent Ad Populum, LLC The Winner; Alliance Entertainment prosecuted; And shortly after, the judge in the bankruptcy case approved the sale of the company to the Alliance (see “The bankruptcy court approves the sale of diamonds»).
Alliance Entertainment did not set out the basis of the end of his candidacy in the Dry file.
The auction rescue tenderer was the joint offer of the Canadian distributor Universal Distribution, LLC, and Neca and Wizkids Parent Ad Populum, LLC (see “Rescue bidders in place»). If Alliance Entertainment is outside the photo, the rescue offer would likely be the auction winner.
We do not know what role the trade war launched by the American government on April 2, which has a deep effect on certain parts of the game and the companies of goods, had on the situation, if necessary.