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THQ is No More After Auction. Long Live THQ!

thq-bankruptcy-logoThe bankruptcy forced sale of games publisher THQ ended with the company’s assets being divided up at auction. The sum of THQ’s parts turned out to be greater than its whole as the auction sale raised a reported total of close to $100 million in revenue. This beat the high bid for THQ as a whole of $70 million from Clearlake Capital Group which meant that the publisher was sold for parts. Read the rest of this entry