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The bidding procedures for assets in the THQ bankruptcy have been posted, along with a mention that Tim Schafer's Double Fine Productions has requested some documents from the case. The Distressed Debt Investing Twitter feed – which has been a solid source on the proceedings – mentioned...

2 years ago 0 Comments
January 11, 2013 at 9:00AM
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THQ acknowledging the details of yesterday's reported bankruptcy proceedings this morning, confirming its assets will only be purchased a la carte if individual offers exceed a whole buyout. "Today's ruling provides a clear path. We will now know definitively by January 23 where we stand," stated T...

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THQ's bankruptcy, once expected to be the intimate dinner for two that executives of the bankrupt publisher were hoping for, is turning into a Vegas buffet. Over the weekend, U.S. bankruptcy Judge Mary F. Walrath put the kibosh on THQ's eyebrow-raising quick sale to the private equity firm Clearlak...

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"Who the @!#* is Kevin Dent?" That's how the 2012-encapsulated story of THQ's demise as a publicly traded company began in January. Dent, an industry insider who also chaired the IGDA Mobile SIG, became a bomb-dropping soothsayer of THQ's future. Industry pundits didn't know what to think about hi...

2 years ago 0 Comments