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When THQ filed for bankruptcy late last year, the United States Bankruptcy Court of Delaware ordered the company to place their assets up for auction. The first auction resulted in new homes for the

2013-01-24 · THQ officially comes to an end and consequently, it had to sell off its assets in an auction. This brought about some interesting developments including a new title never heard of before. AGOURA HILLS, Calif. – April 22, 2013– THQ Inc. (OTC: THQIQ) today announced that it has completed the bidding and sale process on certain of its intellectual properties (IP) with three buyers emerging to pay $6.55 million for the six available lots, subject to Bankruptcy Court approval. THQ to auction off remaining franchises, including Darksiders, Red Faction, and Homeworld. THQ has announced plans to sell off its remaining IP in an auction to end by May. 2013-01-23 · In December, THQ filed for bankruptcy. Clearlake Capital, an equity firm, immediately filed a motion to acquire THQ’s assets intact for $60 million.

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US bankruptcy judge Mary F. Walrath approved of the plan, which will pay creditors using THQ files for bankruptcy. Struggling publisher files for Chapter 11 bankruptcy and has entered into asset purchase agreement with bidder to sell nearly all of company's assets, including four 2013-01-23 · Based on bids received (and detailed below), THQ notes that "the THQ estate will receive approximately $72 million, making the total estimated value of the estate $100 million including certain We're heading towards the conclusion of THQ's ongoing bankruptcy saga.

While we know that the THQ auction had a total of 17 final bids, and it generated between $6 and $7 million, there is no word on where each property ended up. Moreover, we don't know how much of

After the publisher's creditors raised objections over its hoped-for quick sale - objections which were upheld by a US judge However, THQ is currently being sued by South Park Digital Studios over whether the company has a legal right to auction of its publishing agreement for the forthcoming game. On Thursday afternoon, Post Arcade editor Matt Hartley had a chance to speak with Yannis Mallat , Ubisoft Montreal chief executive and head of Ubisoft Canada, via telephone from the offices of the newly acquired THQ In the blink of an eye, THQ was no more.

Thq bankruptcy auction

Hallå! Hittade ett nytt forum för THQ där man kan diskutera aktien och få nyheter. Har ni sett? https://www.facebook.com/groups/THQNordic

Though the court must still approve the sales, a letter from THQ's CEO (which was Some THQ assets still up for grabs after bankruptcy auction Fate of Homeworld, WWE, and Vigil Games still unsettled. Kyle Orland - Jan 24, 2013 6:50 pm UTC. 2012-12-19 · News long anticipated arrived Wednesday, with the announcement that THQ Inc and its subsidiaries have filed voluntary petitions for bankruptcy under Chapter 11 of the US Bankruptcy Court for the The bankruptcy court judge overseeing THQ's chapter 11 proceedings has signed the motion approving the sale to the successful bidders of yesterday's auction, sealing the deal on the dispersion of the company's assets to five competitors. An official statement from THQ elaborates on the results: With THQ's assets going up for a piecemeal auction on 22 January, big publishers like Warner Bros and EA have been examining THQ's different studios and franchises to see if there are any they Truth be told, I haven't played any WWE games since 2003. UPDATE! What happened to Warhammer?

An official statement from THQ elaborates on the results: With THQ's assets going up for a piecemeal auction on 22 January, big publishers like Warner Bros and EA have been examining THQ's different studios and franchises to see if there are any they Truth be told, I haven't played any WWE games since 2003. UPDATE! What happened to Warhammer? Check it out here:http://www.pcauthority.com.au/News/330680,con Distressed Debt Investing, the same site that first confirmed the auction, posted on itsTwitteraccount: "Double Fine has requested the bankruptcy filings in the THQ case". 2013-01-07 · THQ Inc., the maker of “Saints Row” and “Company of Heroes” video-game franchises, won court approval of a revised, longer bankruptcy sale process and loan to help fund operations after 2013-01-24 · The U.S. Bankruptcy Court has approved the sale of THQ's assets to Ubisoft, Sega, and other companies, THQ announced this morning. The sales are all expected to close today.
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Thq bankruptcy auction

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23 Jan 2013 The bankrupt publisher also claims that its debts to South Park Digital Studios have already been satisfied, providing additional documents to the 

Vigil Games, the original developers of Darksiders closed in  22 Jul 2013 Nintendo To Acquire Atlus In Parent Company Bankruptcy Auction? they kinda missed out on buying some of THQ's IP's, hope they don't  Since the WWE Games franchise was not a part of the THQ auction, no other Before THQ went bankrupt, work was already underway for WWE '14 and the  In April 2013, Nordic Games acquired all left-over properties from the bankruptcy auctions of American video game publisher THQ for US$4.9 million. Included in  The company was acquired by THQ Nordic in August 2019.


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2013-01-23 · Based on bids received (and detailed below), THQ notes that "the THQ estate will receive approximately $72 million, making the total estimated value of the estate $100 million including certain

The studios that comprise it have largely been sold off in an auction, but local studio  Creditors initially said the proposed sale of THQ in the bankruptcy court  21 Dec 2012 This is known as the bankruptcy auction or bankruptcy sale. This is usually an amicable and mutually-beneficial transaction that is welcomed by  19 Jan 2021 Bankruptcy sale processes are generally cheaper than chapter 11 THQ Inc. – Debtor counsel to video game developer with operations in the  Didn't THQ already auction their properties?