JS:The Twitter feed for Distressed Debt Investing has been doing courtroom reporting, noting that the judge has set an auction date of January 22 where THQ assets could be sold individually. It's also been reported that Electronic Arts is now among the bidders. Warner Bros. has also been acknowledged as sniffing around, along with several others.
Update
After adjourning its first hearing today, THQ reconvened at 3:00PM and announced that a compromised was made among various parties. A form of order has yet to be presented but the general takeaways:
Bids are due 9am January 22nd
Auction will be held 3pm on January 22nd
Sale Hearing January 23rd at 9am
The auction will allow for bidders to bid on only certain assets (titles, studios, etc) in the auction
http://www.distressed-debt-...
@NYC
Didnt Ubisoft show intrest for some franchises?
@majiebeast
Could Ubisoft really afford to out bid EA or Warner?
I'll be interested to see where Saint's, Darksiders, Red Faction and Company of Heroes go. Saint's seems like an obvious pick-up for EA. They need a sandbox franchise. Also, they have the teams in place for Company of Heroes. It's hard to say who Darksiders and Red Faction will be best with.
WWE
Company of Heroes
Saints Row
Metro-Last Light
Warner will get Company of Heroes & Metro (EA doesn't need another shooter, or RTS)
Take Two should own the Metro franchise
EA should grab WWE and Warhammer 40000
Ubisoft could turn Homefront into a great Franchise and also take on Company of Heroes
Microsoft could use an exclusive open world sandbox like Saints Row
Sony should continue to push for new Ip's and support guillermo's del toro Insane
Metro Last Light looks amazing.
http://www.playstationlifes...