Username
Password
    
Metro: Last Light

THQ Games to be Sold to Highest Bidder

Written By
View author's profile

THQ’s plans to facilitate a quick and cheap to Clearlake Capital have failed. As a result, the publisher’s games and franchises will now be put up for auction to the highest bidder.

"Parties have come to agreement: THQ auction now on Jan 22nd," said Distressed Debt Investing. "The auction will allow for piecemeal ("title by title") sales of THQ assets."

Among the publishers said to be sniffing around are EA, which according to DDI has “already completed site visits." Warner Bros. and Ubisoft are also said to be interested.

It’s a great blow for THQ. The publisher hoped to sell its assets to Clearlake Capital for around $60 million, in a deal that would have kept the publisher operating in a relatively normal manner.

It also would have allowed the company to get its current slate of games out and some money in.




 
 

User Comments
 

You need to register before being able to post comments.

 


 
Game Info
Developer:
4A Games
Publisher:
Deep Silver
Genre:

Release:

US May 14, 2013
Europe May 17, 2013

Collection:403
Wishlist:204
 
 
Screenshots
 
 
Videos
 
 
MyAchievements
You need to log in or register to use MyAchievements.
 
 
Related News
 
 
Rating
   

70   


90


0

You need to log in or register to rate games.

User Score is based on 138 user ratings.