Tag Archives: THQ Chapter 11
Sat, Jan 05, 2013 | 14:30 GMT
Warner Bros. Interactive has been cited as a possible buyer for THQ assets, according to a report coming out of the firm’s US Bankruptcy Court proceedings in Delaware on January 4.
Wed, Jan 02, 2013 | 20:24 GMT
THQ was delisted from NASDAQ over Christmas, and until the firm’s bankruptcy is settled, it will remain listed only on the Over-the-Counter Market. The game publisher is currently trading under THQIQ at $.22 per share, so if you wish to purchase stock in the firm, you will have to do it electronically or over the telephone instead of through the stock exchange floor. The firm announced it had filed Chapter 11 back in December 2012 and sold “substantially all of the assets” to a “stalking horse bidder” Clearlake Capital Group. Other interested parties will be able to offer competing bids. Thanks, Gamasutra.