Comic book distributor to fold Battered by competitive forces, Capital City Distribution sells assets

From: The Milwaukee Journal Sentinel | Date: July 27, 1996| Author: TOM DAYKIN | Copyright information

Madison-based Capital City Distribution Inc., once a high-flying comic book distributor before hitting the business equivalent of kryptonite, was bought by its main rival Friday and will be closing its doors.

Most of Capital City's 100 employees in Madison and another 100 in Sparta, Ill., will likely be losing their jobs, executives said.

Capital City's assets were purchased by Diamond Comic Distributors Inc., based in Timonium, Md. Terms of the deal were not disclosed, but the ...

Related newspaper, magazine, and journal articles from HighBeam Research

COMIC BOOK GIVEAWAY TO BE CELEBRATED TODAY.(LOCAL)
Wisconsin State Journal (Madison, WI) ; Byline: Rebecca Wolfson Today is the fifth annual Free Comic Book Day and the event will indeed live up to its billing: Complimentary copies of the X-Men, the Simpsons and many other characters will be available at area comic book stores and libraries. Westfield Comics at 676 S. Whitney Way will
Comic book stores a Marvel
The Boston Globe ; A few months ago, Judy and Michael Callahan were faced with a potentially life-altering decision: Do we buy a house or open a comic book store? They chose the comic book store -- Harry Dog's Comics and Stories, which was launched last February in Bridgewater. After all, the business of peddling
Federal Jury Finds Evidence Of Loan Fraud; Capital City Mortgage Ordered to Pay $258,000
The Washington Post ; A U.S. District Court jury yesterday found Capital City Mortgage Corp. liable for fraud and awarded $258,000 in damages to a Landover woman who had borrowed from the firm to refinance an investment property in Northwest Washington. After a 10-day trial in which Capital City's lending practices were
Capital City Forecloses on a 2nd Church at Pr. George's Site
The Washington Post ; When he died shortly before Thanksgiving two years ago, the Rev. James A. Hilliard left his wife a struggling congregation and a modest life insurance policy. Nancy Hilliard knew what she wanted to do. She took the insurance proceeds -- the only money she had -- and bought a vacant building in
Small-Town Approach Serves Capital City Bank Group Well.
Knight Ridder/Tribune Business News ; ... Tallahassee Democrat, Fla. Knight Ridder/Tribune Business News Apr. 22--TALLAHASSEE, Fla.--A folksy atmosphere prevailed ... struggled, Smith said. Most of the bad (economic) news has been big corporate news, Smith said after the meeting. Capital City communities ...