Lenders have filed a formal objection to THQ’s recent bankruptcy and sale. According to VentureBeat, a filing from several lenders alleges that THQ’s bankruptcy “was orchestrated to benefit the company’s newest executives and t...
Beleaguered publisher THQ formally filed for Chapter 11 bankruptcy today, with investment firm Clearlake Capital Group acquiring everything – “all the assets of THQ’s operating business, including THQ’s four owned studios and g...
According to a statement released this morning, THQ has entered into an Asset Purchase Agreement with affiliates of investment firm Clearlake Capital Group “to acquire substantially all of the assets of THQ’s operat...
Jason Rubin, the president of beleaguered publisher THQ, has penned a plain and, for the average consumer/fan, incredibly helpful summary of just what happened to his company today. While the word “bankruptcy” is en...