Bankrupt THQ (THQIQ.OB -32.9%) has received court approval to complete the sale of its assets...

|By:, SA News Editor

Bankrupt THQ (THQIQ.OB -32.9%) has received court approval to complete the sale of its assets through an auction on Jan. 22. P-E firm Clearlake Capital, which THQ agreed to sell its operating assets to for $60M, will make the opening bid. Speculators holding out hope for a higher offer seem to be selling on the news.