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

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.
Comments (2)
  • holydawn
    , contributor
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    is the end of WWE games?
    8 Jan 2013, 12:47 PM Reply Like
  • Lgf545
    , contributor
    Comment (1) | Send Message
     
    I'm sure WWE, Saints Row, Darksiders at least and probably Company of Heroes, Metro, Homefront, Warhammer 40K, as well as Red Faction find new homes and versions with or without an intact THQ. There's too much talent and excellent games in place to just go away. It's a shame THQ was saddled with a CEO committed to low quality kids games and overpriced licenses several years too long reporting to a weak board of which he was also Chairman. Any company investing in an entity without a split Chairman/CEO role is making a high risk gamble.
    8 Jan 2013, 03:17 PM Reply Like
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