THQ to be sold piecemeal, EA a potential buyer
This THQ business is getting more complicated by the day. Initially, one company (Clearlake Capital Group) was going to buy all of THQ’s assets for $60 million after itfiled for Chapter 11 bankruptcy, but the outright purchasewas blocked by a judge.
Amidst rumors thatUbisoft was interestedin buying up the remaining assets, we now have a much more interesting situation on our hands —companies can buy up assetsindividually, and EA is interested. So interested, in fact,that they reportedly visited THQto survey potential purchases.
Right now, we have no clear idea what is actually happening with the developers and studios themselves, but in this maelstrom of bad news for THQ, I hope everyone is well. The auction date is set for January 22nd, 2013.
Parties have come to an agreement[DDInvesting viaVB]
