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Analyst: “Major media company” preparing THQ bid

Wednesday, 23rd September 2009 10:32 GMT By Patrick Garratt

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THQ’s shares rose 13 percent yesterday on rumour that a “major media company” is preparing a bid for the publisher.

MKM Partners analyst Eric Handler started the chatter, according to this Forbes report.

However, Handler said he does not see a sale as likely in the near term.

“[The] company still has a very high percentage of licensed titles and is just beginning to rebuild its wholly owned IP portfolio,’ he said in an email.

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10 Comments

  1. SticKboy

    Bet you £20 it’s Viacom.

    #1 5 years ago
  2. blackdreamhunk

    THQ has pc gamers backing them up, these guys are not going to bought.

    you only need to look at dawn of war. If vestors want take look the pc gamers are their and we are watching.

    #2 5 years ago
  3. SticKboy

    You make it seem that being bought out is a bad thing?

    #3 5 years ago
  4. pracer

    Could be a nice shot in the arm, and opertunity to expand even.

    #4 5 years ago
  5. blackdreamhunk

    THQ being bought by EA is a bad thing. What THQ needs to is fucas on it’s fan base that is what they need to do. Even more so in this recssion.

    #5 5 years ago
  6. No_PUDding

    I bet you some buttons I collected that it’s the BBC.

    Hmm… BBC needs some game development studios.

    #6 5 years ago
  7. rainer

    Warner or Disney are the two most likely major media companies interested given their past acquisitions.

    #7 5 years ago
  8. Phoenixblight

    I agree with Rainer. THose are the two companies that given THQ most of its action.

    #8 5 years ago
  9. SticKboy

    I respectfully disagree. Viacom is the only major movie studio-owning conglomerate (they own Paramount) that doesn’t also own a videogame publisher.

    Earlier on this year, Paramount said in MCV that they were looking to bring their licenses in-house and expand their videogame business. Given that MTV (also owned by Viacom) has had a string of successful music videogames recently, I reckon the top brass would be looking to expand their operations – and what better way to do it than by buying THQ?

    #9 5 years ago
  10. Phoenixblight

    I understand what you are saying Stickboy. Just saying that THQ has a better reputation with Disney and Warner.

    #10 5 years ago

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