back catalog auction round for the company's intellectual properties (IP) received 17 final bids and is expected to generate $6 million to $7 million.
"The final news will be out Monday afternoon," a person with knowledge of the proceedings informs Joystiq.
This final auction, which included the IP rights for franchises Darksiders, Red Faction and Homeworld, began on April 1 and ended on April 15. The disclosure document notes the plan is to present the sales to the bankruptcy court for approval in May and close the sales by the end of the month.
A prior auction saw the purchase of franchises Saints Row, Company of Heroes and Metro.