Articles Tagged with thq bankruptcy

THQ Sale Denied As More Potential Investors Line Up

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When troubled publisher THQ announced that it was filing for chapter 11 bankruptcy late last year, the company stood to get off relatively easy if the “stalking horse” bid from private equity firm Clearlake Capital Group was allowed to go through. Unfortunately for THQ, it won’t. Yesterday, we reported that the companies THQ owes money… Read more »

THQ Files For Bankruptcy, Plans To Sell Assets

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Embattled video game publisher THQ announced Wednesday that the company has filed for chapter 11 bankruptcy in the state of Delaware, and that “substantially all” of its assets are to be sold off. Investment firm Clearlake Capital Group has stepped up with a “stalking horse” offer, putting a minimum price on THQ’s assets at $60… Read more »