40°
Submitted by -Mezzo- 869d ago | news

THQ's creditors cry foul over Clearlake plans

GamaSutra - As THQ looks to hand itself over to a new owner, a number of its creditors have come forward to oppose the bankruptcy and takeover plans, calling them "unfair and unreasonable."

THQ filed for bankruptcy last month, and revealed that Clearlake Capital Group is fronting $60 million to acquire its business, including its development studios and all of its games currently in development. (Industry, THQ)

Alternative Sources
CaptainN  +   869d ago
THQ is almost irrelevant now anyway.....for years they banked of kiddy liscensed games and in the end it got them no where. WWE games have declined year after year and the few IP's they fully created Like Darksiders, Metro etc aren't selling or arent extremely hyped. Plus the fact they barely even make games on Nintendo platforms sure as hect isnt helping them when Nintendo has the biggest install base in homes be it DS, Wii or 3DS.......that's way to much money left on the table from a business perspective. They put themselves in this hole, and honestly no matter who buys them, in the end the outlook looks dim at best.

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
10°

Pac-Man Fever: Musician Jerry Buckner looks back as 'Pac-Man' turns 35

15m ago - Patrick Scott Patterson of G4@Syfygames writes:"As the yellow and black Pac-Man arcade cabinet li... | Culture
40°

Life is Strange: Episode 3 Review | Complete Game Reviews

47m ago - The reviewer writes: "The first two episodes of Life is Strange, despite being amazing, were fair... | PC
Ad

Bloodborne (PS4) Review

Now - Ken steps into the world of Bloodborne, prepared to die. | Promoted post
40°

How Parenthood Changes Gaming (Six Months In) - Invisible Gamer

59m ago - Invisible Gamer's Austin Clark has been a father for six months now and he continues his series a... | Culture
40°

First Potential Image of AMD's Radeon 390X Has Surfaced

5h ago - The first photo for AMD's new flagship Radeon graphics card has popped up online, showcasing an i... | PC
30°

This custom-made Ice Climbers amiibo is impressive

5h ago - Reddit user “mast3r_sword” has come up with an incredibly impressive custom amiibo. The Ice Climb... | Wii U